3 years ago

Allen Stewart purchased a $2,000 bond at 110. The bond pays 6%.

Mathematics

2 answers:

DanielleElmas [232]3 years ago

4 0

1. 2,200
2. 120
3. 5.5%

Inessa05 [86]3 years ago

3 0

2000*110/100=2200
2000*0.06=120
120/2200=5.45%

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