saniahbell saniahbell

14-01-2021
Mathematics

contestada

If you were to buy a municipal bond for $100 and it returned 1% per year for four years how much interest would you have after four years?

$100
$4
$40
$400

Respuesta :

omniaosman461 omniaosman461

14-01-2021

Answer:

$4

Step-by-step explanation:

As, interest = PTR /100

= 100 x 1 x 4/ 100

= $4

Total Interest = $4

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