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aryaelfkind aryaelfkind
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3 months ago
A $25,000 strip bond is purchased for $8235 to yield 8% compounded semiannually. What is the remaining time until maturity?

▸ 30.53 years

▸ 12.50 years

▸ 14.16 years

▸ 22.28 years

▸ 56.63 years
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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kayekalicokayekalico
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3 months ago
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More solutions for this book are available here
14.16 years

1

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aryaelfkind Author
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3 months ago
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

Yesterday
Brilliant
wrote...

2 hours ago
Good timing, thanks!
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