Question
A $103407 Series S117 C-bond CSB is redeemed on September 3, 2011. Calculate the maturity value. O a. 105516.96 O b. 115857.66 O c. 112755.45
A $103407 Series S117 C-bond CSB is redeemed on September 3, 2011. Calculate the maturity value. O a. 105516.96 O b. 115857.66 O c. 112755.45 O d. none
Calculate the Interest amount earned when the principle is $17863, the nominal interest rate is 4.3%, the term is 4 years and the compounding frequency is semi-annually. O a. 3492.48 O b. 3313.85 O c. none O d. 5100.15
Sanchez placed $11808 into a five- year interest payout GIC at 4.2% compounded monthly. Calculate the interest payout amount every month. O a. 413.28 O b. 41.33 O c. none O d. 631.73
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started