Suppose a sixsix-year bond is purchased for $54005400. The face value of the bond when it matures is $74257425. Find the APR. Question content area bottom Part 1 The bond's APR is 4.94.9%
Suppose a sixsix-year bond is purchased for $54005400. The face value of the bond when it matures is $74257425. Find the APR. Question content area bottom Part 1 The bond's APR is 4.94.9%
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 48CR
Related questions
Question
Suppose a
sixsix-year
bond is purchased for
$54005400.
The face value of the bond when it matures is
$74257425.
Find the APR.Question content area bottom
Part 1
The bond's APR is
4.94.9%
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