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Home Q & A Board Science-Related Homework Help Mathematics
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Yukinara Yukinara
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5 months ago
A 30-year, Government of Canada $10,000 strip bond was discounted at 4.9% compounded semiannually and traded for $4,722. How many years earlier had the bond been issued?

▸ 14.5 years

▸ 15.0 years

▸ 15.5 years

▸ 29.0 years

▸ 30.0 years
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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lpantslpants
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5 months ago
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14.5 years
1

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