Ask a New Question

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?
13 years ago

Answers

Answered by Ms. Sue
0.06x = 2,120

x = 2,120/0.06

x = $35,333.33


13 years ago
There are no AI answers yet. The ability to request AI answers is coming soon!

Submit Your Answer


We prioritize human answers over AI answers.

If you are human, and you can answer this question, please submit your answer.

Related Questions

Why do so many invest in bonds that are below investment grade? Abi wishes to invest RM8,000 in a fixed deposit account for one year. He has two options: AAA Bank w... A woman wishes to invest $12,000 in three of bonds: municipal bonds paying 7% interest per year, ban... A person wishes to invest R120 000 in three types of bonds:  municipal bonds (MF) paying 6% p.a.,... Ionic bonds and covalent bonds: Ionic Bond(s) for: K&S -> K2S N&Be -> Be3N2 Al&P -> AlP Cov... 1. Which of the following bonds is the strongest? a. F-F b. F-Cl c. F-Br d. F-I I think it's... Which of the following bonds is the strongest?(1 point) covalent bonds hydrogen bonds metallic bo... Which of the following bonds is polar? A.F—F B.O—H C.O—O D.H—H I think it is B...? Which of the following bonds is the strongest? A. metallic bonds B. covalent bonds C. valence bon... Which of the following bonds is the most polar? A. C-F B. C-C C. C-O D. C-N I w...
Submit Your Answer

Question

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?

Ask a New Question
Archives Contact Us Privacy Policy Terms of Use