Asked by SoccerStar
maria wishes to invest in bonds which pay 6% annual dividends. how much must she invest in order to receive $2,120 at the end of the first year?
Answers
Answered by
Ms. Sue
0.06x = 2,120
x = 2,120/0.06
x = $35,333.33
x = 2,120/0.06
x = $35,333.33
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