Biology Forums - Study Force

Science-Related Homework Help Mathematics Topic started by: Zergnet on Jun 4, 2023



Title: A $50,000 strip bond was discounted to $21,680. The market rate was 7.4% compounded semiannually. ...
Post by: Zergnet on Jun 4, 2023
A $50,000 strip bond was discounted to $21,680. The market rate was 7.4% compounded semiannually. How much time was left before the bond reached maturity?

▸ 11.5 years

▸ 21.9 years

▸ 11.7 years

▸ 5.04 years

▸ 23 years


Title: Re: A $50,000 strip bond was discounted to $21,680. The market rate was 7.4% compounded semiannually. ...
Post by: nalsaidy on Jun 4, 2023
Content hidden