Homework Help: consumer math

Posted by jenny on Monday, January 14, 2013 at 5:22pm.

Lily Adams purchased a $1,000 bond at 70. The bond pays 4%.

What was the cost of the bond?

What was the annual interest?

What is the yield (to the nearest tenth of a percent)?

consumer math - DrBob222, Monday, January 14, 2013 at 5:34pm
See your other post.

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