# math

posted by
**leah** on
.

a government bod pays 100 in a year at a discount rate of 5%(assume simple interest). How much did the bond cost? What is the annual percentage rate? Should it be more or less than 5%?

posted by
**leah** on
.

a government bod pays 100 in a year at a discount rate of 5%(assume simple interest). How much did the bond cost? What is the annual percentage rate? Should it be more or less than 5%?