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24 October, 05:09

Five years ago, you purchased seven corporate bonds that each pay 4.30 percent annual interest. Each bond has a face value of $1,000. How much interest do you earn on the seven bonds each year?

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  1. 24 October, 08:15
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    Interest Rate 44.404%

    Total of 60 Monthly Payments $258.00

    Total Interest $742.00
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