Talia bought a $5,000 Pelts Corp bond. The bond pays 5.95% annual interest. How much will Talia receive in interest if she holds the bond for 11 years?

Chapter 8, Application 8.9 #17

Talia bought a $5,000 Pelts Corp bond. The bond pays 5.95% annual interest. How much will Talia receive in interest if she holds the bond for 11 years?

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Related Book For answer-question

Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790