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3) On 1/1/17, Investor Corp purchased $100,000, 10%, 10 year bonds at 95. What will be the balance in the investment account on 12/31/19 (after
3) On 1/1/17, Investor Corp purchased $100,000, 10%, 10 year bonds at 95. What will be the balance in the investment account on 12/31/19 (after 3 years)?
A) $95,000.
B) $96,500.
C) $93,500.
D) $100,000.
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