Twelve months ago, you purchased 10-year treasury notes with a face value of $1,000. the interest rate is 2.90 percent. what is the annual dollar amount of interest you will receive each year? (round your answer to 2 decimal places.)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Twelve months ago, you purchased 10-year treasury notes with a face value of $1,000. the interest rate is 2.90 percent. what is the annual ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What causes people to have high or low interest rates on credit cards or loans
Answers (1)
You want to borrow $38,400 and can afford monthly payments of $960 for 48 months, but no more. assume monthly compounding. what is the highest apr rate you can afford?
Answers (1)
On December 31, Key Co. received two $10,000 noninterest-bearing notes from customers in exchange for services rendered. The note from Alpha Co., which is due in 9 months, was made under customary trade terms, but the note from Omega Co.
Answers (1)
On January 1, 2016, you deposited $8,000 in a savings account. The account will earn 8 percent annual compound interest, which will be added to the fund balance at the end of each year. Required: 1.
Answers (1)
A municipal bond has a YTM of 4.11 percent while the YTM of a comparable taxable bond is 6.16 percent. What is the tax rate that will make an investor indifferent between the municipal bond and the taxable bond
Answers (1)
New Questions in Business
What is a car loan? a way to pay in advance for using a car for a given time period a way to pay for a car that is dependent on the number of miles you drive a way to borrow money from a bank or financial institution to pay for a car?
Answers (1)
Horton Industries' shareholders' equity included 140 million shares of $1 par common stock and a balance in paid-in capital - excess of par of $1,120 million.
Answers (1)
Why do price discrimination and the existence of slightly different variants of the same product tend to go hand in hand? By introducing slightly different variants of the product, firms that price discriminate are able to
Answers (1)
On April 1, 2017, Planet Services received $8,000 in advance of performing the services from a customer for three months of service long dash - April, May and June.
Answers (1)
The founder and former ceo fo jones soda peter van stock claime that sharing the core values of your loyal customer base is just good for buisness. if you wanted to integrate this business philosophy into your own company you would study
Answers (1)