We are given with the equation
<span>balance = -17,732 + 367 * age +1300 *years education + 0.116 * household wealth
</span>-17,732 is a constant amount credited from the savings acount
367 is the amount saved per year of age
1300 is the amount saved per year of education
0.116 is the amount save per household wealth
        
             
        
        
        
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds. Bonds can be in mutual funds or can be in private investing where a person would give a loan to a company or the government.
        
             
        
        
        
Answer:
  2.45% 
Explanation:
The computation of the fixed rate is shown below:
Years to maturity   Zero coupon  bond price  YTM      Forward rate
1                                 0.99                     1.01%  
2                                      0.97                             1.53%       2.06%
3                                      0.93                             2.45%      4.30%
The fixed rate should be equivalent to the YTM of the 3 year bond i.e. 2.45% the same is to be considered