You are thinking about buying a savings bond. The bond costs $57 today and will mature in 13 years with a value of $114.

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You are thinking about buying a savings bond. The bond costs $57 today and will mature in 13 years with a value of $114.

Post by answerhappygod »

You Are Thinking About Buying A Savings Bond The Bond Costs 57 Today And Will Mature In 13 Years With A Value Of 114 1
You Are Thinking About Buying A Savings Bond The Bond Costs 57 Today And Will Mature In 13 Years With A Value Of 114 1 (44.06 KiB) Viewed 36 times
You are thinking about buying a savings bond. The bond costs $57 today and will mature in 13 years with a value of $114. What annual interest rate will the bond earn? The bond will earn an annual rate of %. (Round to two decimal places.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”