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Problem Solving (PS) | Re: Samantha purchased a five-year municipal bond that pays simple

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Total Repayment = 720

Total Interest = 720 - 600 = 120

Yearly Interest = 120/5 = 24

24/600 = 4% interest per year

AnsA

Statistics : Posted by LucienH • on 20 Sep 2023, 01:30 • Replies 3 • Views 318



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