Asked by CCK

Hal Fritz purchased a $5,000 bond at 95. The annual interest is 6%.

What was the cost of the bond?
What was the annual interest?
What is the yield (to nearest tenth of a percent)?

Answers

Answered by hank
what is the answer
Answered by MR.J
IDK G
Answered by beyonce
Hal Fritz purchased a $5,000 bond at 95. The annual interest is 6%.

What was the cost of the bond? $ 4750.00
What was the annual interest? $ 300.00
What is the yield (to nearest tenth of a percent)? 6.3 %
Answered by michelle
cost of bond- $4,750.00
Annual intrest- $300.00
percentage- 6.3%
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