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Last year, Carlos bought a bond for $10,000 that promises to pay him $900 per year. This year, he can buy a bond for $10

Posted: Sun Jul 03, 2022 6:50 am
by answerhappygod
Last Year Carlos Bought A Bond For 10 000 That Promises To Pay Him 900 Per Year This Year He Can Buy A Bond For 10 1
Last Year Carlos Bought A Bond For 10 000 That Promises To Pay Him 900 Per Year This Year He Can Buy A Bond For 10 1 (10 KiB) Viewed 12 times
Last year, Carlos bought a bond for $10,000 that promises to pay him $900 per year. This year, he can buy a bond for $10,000 that promises to pay $1,000 per year. If Carlos wants to sell his old bond, what is its price Jikely to be? $11.11 $11,111.11 $9,000 $10