Jim wants to buy a car, but he'll probably need it for a couple of years. he has a short commute to work, so he won't be putting
2 answers:
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Answer:
The right solution is "$20.733.16".
Explanation:
According to the question,
Face value,
= $20000
Rate (r),
= .035
Bond A:
=
=
= ($)
Bond B:
=
=
= ($)