Question

John buys a $5,000 savings bond with a fixed interest rate of 3% with 10 years to maturity. He also buys two $5,000 zero coupon bonds for $4,300 over this time period. What are his total earning from these bonds? A) $2,200 B) $1,500 C) $ 2,900 D) 17,500

Answer 1

The answer to this question would be d