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Author Question: If a United States saving bond can be purchased for $14.60 and has a maturity value at the end of 25 ... (Read 50 times)

mckennatimberlake

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on: Apr 25, 2021

Question 1

How long does it take for your money to double when invested at the rate of 3% (with annual compounding)?
◦ Depends on how much money you start with.
◦ 26 years
◦ 23 years
◦ 25 years
◦ 24 years

Question 2

If a United States saving bond can be purchased for $14.60 and has a maturity value at the end of 25 years of $100, what is the annual rate of return on the bond?
◦ 6 percent
◦ 7 percent
◦ 8 percent
◦ 9 percent
◦ 10 percent
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by mckennatimberlake on Apr 25, 2021

otokexnaru

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mckennatimberlake

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

JaynaD87

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

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