Ask Question
31 October, 14:28

Hal Fritz purchased a $4,000 bond at 90. The annual interest is 5%. What was the cost of the bond? What was the annual interest? What is the yield (to nearest tenth of a percent) ?

+2
Answers (1)
  1. 31 October, 14:47
    0
    5.13 will be the annual interest rate.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Hal Fritz purchased a $4,000 bond at 90. The annual interest is 5%. What was the cost of the bond? What was the annual interest? What is ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers