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Author Question: Which is the correct formula for calculating the interest earned from a bond? A) Interest = Par ... (Read 168 times)

burchfield96

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on: Jun 24, 2018
Which is the correct formula for calculating the interest earned from a bond?
 A) Interest = Par Value  (Rate  Time)
  B) Interest = Par Value  Rate  Time
  C) Interest = Par Value  Rate  Time
  D) Interest = Par Value  (Rate  Time)

Question 2

What is another word for coinsurance?
 A) co-payment
  B) customer expense
  C) cash value
  D) premium


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lgoldst9

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

B

Answer to Question 2

A


burchfield96

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

Jsherida

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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