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Author Question: Suppose you purchase a 15-year U.S. savings bond with an APR of 3.5%. The face value of the bond is ... (Read 229 times)

APUS57

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Question 1

Suppose you purchase a 10-year U.S. savings bond with an APR of 2.5%. The face value of the bond is $9000. Find the purchase price of the bond.
◦ $7128.71
◦ $7346.94
◦ $7272.73
◦ $7058.82
◦ $7200

Question 2

Suppose you purchase a 15-year U.S. savings bond with an APR of 3.5%. The face value of the bond is $10,000. Find the purchase price of the bond.
◦ $6400
◦ $6633.50
◦ $6482.98
◦ $6557.38
◦ $6722.69


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Marked as best answer by APUS57 on May 5, 2020

maaaaaaaaaa

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APUS57

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Reply 2 on: May 5, 2020
Great answer, keep it coming :)


aliotak

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

 

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