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A 6-year bond costs $9,000 and will pay a total of $2,700 interest over its lifetime. What is its annual interest rate?
A 6-year bond costs $9,000 and will pay a total of $2,700 interest over its lifetime. What is its annual interest rate?
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Management Accounting
Authors: John Burns, Martin Quinn, Liz Warren, João Oliveira
1st Edition
0077121619, 978-0077121617
