What should you pay for it today in order to earn annually
Problem
A. A US saving bond will be worth $10,000 in ten years. If you paid $5,327, how much would you earn on an annual basis.
B. A US savings bond will be worth $10,000 in ten years. What should you pay for it today in order to earn 6.5% annually?
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A US savings bond will be worth $10,000 in ten years. What should you pay for it today in order to earn 6.5% annually?
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