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a. $900.00
b. $800.00
c. $700.00
d. $600.00

* I dunno how to calculate that , does anybody knows the asnwer!?!

2007-02-14 07:28:59 · 7 answers · asked by Jackie C 1 in Education & Reference Homework Help

7 answers

c 700

APR is short for Annual Interest Rate.

so 7% APR of 10,000 = 7/100 x 10,000 = $700

10 pts please?

2007-02-14 07:36:35 · answer #1 · answered by Anonymous · 0 0

that's a trick question. are not all of them. in case you purchase a bond at 80 5% you're paying .80 5% of the face fee. The pastime fee has no longer something to do with what you paid for the bond. enable's see 10,000X.80 5=8500.

2016-12-17 10:00:29 · answer #2 · answered by ? 4 · 0 0

as you know APR stands for Annual Percentage Rate so
10000*.07=700

2007-02-14 07:32:29 · answer #3 · answered by Anonymous · 0 0

Oh boy, not a math question. I'll give you a star so I can see how many people could answer this.

2007-02-14 07:31:46 · answer #4 · answered by Anonymous · 0 0

10,000 * .07 = 700

Doesn't matter what you paid for it.

2007-02-14 07:36:41 · answer #5 · answered by miketorse 5 · 0 0

over how many years?

i think it would be d

2007-02-14 07:31:51 · answer #6 · answered by Lindsay 3 · 0 0

No I haven't!

2007-02-14 07:31:32 · answer #7 · answered by Anonymous · 0 0

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