HampsterHank HampsterHank

14-01-2017
Mathematics

contestada

John Investor purchased a $10,000 bond at 80. The annual interest is 4%.

What was the cost of the bond? $
What was the annual interest? $
What is the yield (to the nearest tenth of a percent)?

Respuesta :

Miguelitop Miguelitop

14-01-2017

What was the cost of the bond?8,000 total.
What was the annual interest? The interest is 400
What is the yield?0.5 (not 100% sure)

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tamperd tamperd

21-02-2022

Bond: $8,000

Annual Intrest: $400

Yield: 5.0%

Hope this helped :)

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