Paul bought a 15-year treasury bond for a face amount of $600. The 2.5% interest will be compounded quarterly. What will the future value of Patrick's investment be when he goes to cash it in on the maturity date 15 years from now?
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Home » Mathematics » Paul bought a 15-year treasury bond for a face amount of $600. The 2.5% interest will be compounded quarterly. What will the future value of Patrick's investment be when he goes to cash it in on the maturity date 15 years from now?