domoniclam domoniclam

25-06-2020
Mathematics

contestada

arah holds a bond for 5 years that has a 5.7% percent coupon rate and a $1000 par value.

How much interest does Sarah earn in 4 years?
a,$285
b.$258
c.$82
d.$228

Respuesta :

sally2778 sally2778

25-06-2020

Answer:

I am so sorry if this is wrong but I believe that the answer is a. $285.

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princesss967 princesss967

25-06-2020

Answer A
1000 x 5 x .057= I ($285)

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