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7 November, 05:07

If a united states savings bond can be purchased for $29.50 and has a maturity value of $100 at the end of 25 years, what is the annual rate of return on the bond?

a. 6 percent

b. 5 percent

c. 7 percent

d. 8 percent

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Answers (1)
  1. 7 November, 08:10
    0
    My best pick would be A. 6 percent
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