4. A man purchase government bonds at P750 each which mature in 10 years and have a face value of P1000 at the end of 10 years. Determine the average nominal interest rate earned by the purchase price of P750 assuming nominal compounding.

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
Section: Chapter Questions
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please answer number 4. BES 221-ENGINEERING ECONOMICS: please give detailed solutions and correct answers.i will report to Bartleby those tutors who will give incorrect answers.
P1000 in 10 years and plays annual dividends of P35?
4. A man purchase government bonds at P750 each which mature in 10 years and have a face
value of P1000 at the end of 10 years. Determine the average nominal interest rate earned by
the purchase price of P750 assuming nominal compounding.
5. A businessman borrows from the bank an amount of P200,000 to be repaid at the end of 3
Transcribed Image Text:P1000 in 10 years and plays annual dividends of P35? 4. A man purchase government bonds at P750 each which mature in 10 years and have a face value of P1000 at the end of 10 years. Determine the average nominal interest rate earned by the purchase price of P750 assuming nominal compounding. 5. A businessman borrows from the bank an amount of P200,000 to be repaid at the end of 3
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