Ask Question
1 May, 08:33

Mr. Baker bought a $500 bond that paid 5.3% simple interest. What was the value of the bond at the end of 10 years?

+1
Answers (1)
  1. 1 May, 12:23
    0
    I think the answer is 7,650.

    .53 times 500 = 265

    265+500=765

    765 times 10 = 7,650
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Mr. Baker bought a $500 bond that paid 5.3% simple interest. What was the value of the bond at the end of 10 years? ...” in 📙 Mathematics 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