Bonds from the city of Tavel Gorge worth $1,000 each are selling at 110.611. If Sean wishes to purchase three

Question

Bonds from the city of Tavel Gorge worth $1,000 each are selling at 110.611. If Sean wishes to purchase three such bonds, how much can he expect to pay?
a.
$3,000.00
b.
$3,331.83
c.
$3,318.33
d.
$331.83

GPT-5 mini · Answer

Each bond costs 110.611% of $1,000 = $1,106.11. For three bonds: 3 × $1,106.11 = $3,318.33.

Answer: c. $3,318.33

Bonds from the city of Tavel Gorge worth $1,000 each are selling at 110.611. If Sean wishes to purchase three such bonds, how much can he expect to pay?
a.
$3,000.00
b.
$3,331.83
c.
$3,318.33
d.
$331.83

All Answers 1

Submit Your Answer

Bonds from the city of Tavel Gorge worth $1,000 each are selling at 110.611. If Sean wishes to purchase three such bonds, how much can he expect to pay? a. $3,000.00 b. $3,331.83 c. $3,318.33 d. $331.83

All Answers 1

Submit Your Answer

Bonds from the city of Tavel Gorge worth $1,000 each are selling at 110.611. If Sean wishes to purchase three such bonds, how much can he expect to pay?
a.
$3,000.00
b.
$3,331.83
c.
$3,318.33
d.
$331.83