Saturday
December 20, 2014

Homework Help: Calculus

Posted by Anonymous on Wednesday, September 21, 2011 at 8:26pm.

A government bond is bought for $5000 on June 1, 2010. The value of the bond increases each year by 3.9% of the previous year's value, and the bond matures on June 1, 2030. Determine the value of the bond at maturity.

I'm confused.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Calculus - A government bond is bought for $5000 on June 1, 2010. The value of ...
Finance - A four-year TIPS bond promises a real annual coupon return of 4 ...
finance - The Corner Grocer has a 7-year, 6 percent annual coupon bond ...
finance - the corner grocer has a 7-year, 6 percent annual coupon bond ...
finance - the corner grocer has a 7-year, 6 percent annual coupon bond ...
Finance - A three-year bond has 8.0% coupon rate and face value of $1000. If the...
Finance - A three-year bond has 8.0% coupon rate and face value of $1000. If the...
Math - The Garraty company has two bond issues outstanding. Both bonds pa $100 ...
Finance - (Bond valuation) A $1,000 face value bond has a remaining maturity of ...
Finance - On January 1, 2011 you bought a two-year U.S. government bond with a ...

Search
Members