you buy a bond for $2,500 and it pays 2% annual interest for 10 years. How much

Fantastic news! We've Found the answer you've been seeking!

Question:

you buy a bond for $2,500 and it pays 2% annual interest for 10 years. How much would you receive in interest payments each year? After how much time would you get back your initial investment of $2,500?

Related Book For answer-question

Entrepreneurship

ISBN: 9781119563099

5th Edition

Authors: Andrew Zacharakis, William D Bygrave

See More Books

Posted Date: May 11, 2024 03:11 PM

See More Questions

Select the consensus algorithm used by Ethereum's PoW mechanism. a . . Dagger Hashimoto b . . Ethash c . . Etchash d . . SHA 2 5 6 2 5 6 algorithm
The Coca-Cola Company is the number-one seller of soft drinks in the world. Every day an average of more than 1.5 billion servings of Coca-Cola, Diet Coke, Sprite, Fanta, and other products of...
On January 2, 2010, Shine Lights purchased showroom fixtures for $18,000 cash, expecting the fixtures to remain in service for five years. Shine Lights has depreci ated the fixtures on a...
Shervonne Thomas is the controller at a large manufacturing company located in Chestereld, Virginia. The company has several divisions that evaluate their performance using a return on investment...
What is Dinesh D'Souza's position on the impact of colonialization in Third World countries? What is Grameen Bank? According to Aneel Karnani, why are the benefits from Grameen Bank limited for LDCs...
Consider the following lease Term: 5 years Payments: annual at year end Year-1 rent: $54 per square foot per year Rent escalation: After the first year, rent payments are indexed to CPI Assuming...
PCG REPORTED PT DOES NOT KNOW HE IS ON HOSPICE AND WOULD LIKE FOR CARIS TEAM NOT TO MENTION IT TO HIM. SW WILL ENTER POIT CARE VISIT ALERT TO MAKE TEA AWARE AND MENTION IT ON STAND DOWN. PT IS...
2.The current rate of a 30-year treasury bond is 4.85%. It pays a 4% coupon on a $100 face value, at the end of every six months. What is the price of this bond if it is issued today?
International Sales and Marketing Module Marketing Products and Services FITT 1 Where Are the Shoppers? Du March's Exit from the East Background Du March, a multinational supermarket retailer with...
The following information pertains to Ray Limited (RL): (i) The profit for the year ended 31 December 2022 amounted to Rs. 84 million (2021: loss of Rs. 60 million). (ii) The outstanding weighted...
Discussion Prompt: Profitability Ratios NIKE Return on Assets 8.4% Asset Turnover 1.0 % Gross Margin 43.8 Return on Common Shareholders' Equity 17.40% UNDER ARMOR Return on Assets (1.12) Asset...

you buy a bond for $2,500 and it pays 2% annual interest for 10 years. How much

Question:

Expert Answer:

1 Annual Interest Calculation You bought a bond for 2500 The ... View the full answer

Entrepreneurship

Students also viewed these finance questions