Seudónimo Seudónimo

16-03-2017
Mathematics

contestada

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

What was the cost of the bond?

What was the annual interest?

What is the yield (to the nearest tenth of a percent)?

Respuesta :

Aliwohaish12 Aliwohaish12

16-03-2017

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

Answer Link

SmurdaTeam SmurdaTeam

21-03-2017

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

Answer Link

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