Register

You purchase a $15,000 bond that pays 2% per year for 4 years. (Assume you receive a check for the interest each year.)

You purchase a $15,000 bond that pays 2% per year for 4 years. (Assume you receive a check for the interest each year.)
asked 154k views
4 votes
You purchase a $15,000 bond that pays 2% per year for 4 years. (Assume you receive a check for the interest each year.)

asked
User Prprcupofcoffee
by
8.3k points

1 Answer

4 votes
Well 2% of $15,000 is $300
answered
User Nicholas Lu
by
8.9k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Why did people immigrate to the United States in the late 1800s?
In the peaceful period of the Middle Kingdom, what area of culture thrived?
Why did the slogan Peace Land and Bread appeal to the Russian people?
Link Copied!