True because, when buying a bond, you are pretty much lending money to the company.
Answer:
<h2>$267,536,000</h2>
Step-by-step explanation:
Step one:
given data
total ounces=500,000
cost per ounce= $460
total amount of the ounce= 500,000*460= $230000000
Time t=3years
rate= 5.17%= 0.0517
Step two:
The inflation we have a compounding effect on the amount
$230000000
A=P(1+r)^t
A=230000000(1+0.0517)^3
A=230000000(1.0517)^3
A=230000000*1.1632
A=$267,536,000
<u>They will receive a total of $267,536,000</u>
Answer:jerry
Step-by-step explanation:
Just plug in the calculator and see which
