carrollpatience carrollpatience

22-07-2022
Mathematics

contestada

Emily purchased a bond valued at $20,000 for highway construction for $10,460. If the bond pays 7.2%
annual interest compounded monthly, how long must she hold it until it reaches its full face value?
...

Respuesta :

kemisola000 kemisola000

22-07-2022

Answer:

26.556192

Step-by-step explanation:

7.2×10460÷100

20000÷(7.2×10460÷100)

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