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Author Question: An investment that is an ownership of a corporation is known as a bond. Indicate whether the ... (Read 119 times)

panfilo

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on: Jun 24, 2018
An investment that is an ownership of a corporation is known as a bond.
  Indicate whether the statement is true or false

Question 2

Narrative 11-1 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Refer to Narrative 11-1. Jose invests 7,500, at 12 interest, compounded quarterly for 11 years. Calculate the amount of compound interest.
 A) 18,589.13
  B) 20,035.80
  C) 26,089.13
  D) 27,535.80


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ankilker

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


panfilo

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

robbielu01

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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