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Home Q & A Board Science-Related Homework Help Mathematics
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Zergnet Zergnet
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5 months ago
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
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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nalsaidynalsaidy
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11.5 years
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Smart ... Thanks!
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