Question: Compute the specified quantity. A 2 year bond costs $10,000 and will pay a total of $4,400 in interest over its lifetime. What is

pay a total of $4,400 in interest over its lifetime. What is

Compute the specified quantity. A 2 year bond costs $10,000 and will pay a total of $4,400 in interest over its lifetime. What is its annual interest rater (as a percent)? (Round your answer to three decimal places.) % r= Compute the specified quantity. The simple interest on a $3,000 loan at 4% per year amounted to $960. At what time t did the loan mature (in years)? t = yr

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