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AnnyKZ [126]
3 years ago
13

Five years ago, you purchased seven corporate bonds that each pay 4.30 percent annual interest. Each bond has a face value of $1

,000. How much interest do you earn on the seven bonds each year?
English
1 answer:
FrozenT [24]3 years ago
6 0

 

Results

Interest Rate 44.404%

Total of 60 Monthly Payments $258.00

Total Interest  $742.00

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