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marysya [2.9K]
3 years ago
15

James purchased five bonds of face value of $1,000 that paid 5 percent annual interest rate. the total annual interest income of

james for each year is _____.
Business
1 answer:
oksian1 [2.3K]3 years ago
3 0
250 dollars without compound intrest
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The real interest rate tells you Question 31 options: how fast the number of dollars in your bank account rises over time. how f
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The real interest rate tells you how fast the purchasing power of your bank account rises over time.

<h3>What is meant by the real interest rate?</h3>
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