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Assume Ruth has owned an EE bond for 4 years. The fixed rate of interest is 8% and the current value of the bond is
Assume Ruth has owned an EE bond for 4 years. The fixed rate of interest is 8% and the current value of the bond is $3000. If Ruth were to cash in the bond tomorrow, how much interest will she lose (approximately) as a penalty? $240. $120. O $60. O $0. 
Assume Ruth has owned an EE bond for 4 years. The fixed rate of interest is 8% and the current value of the bond is $3000. If Ruth were to cash in the bond tomorrow, how much interest will she lose (approximately) as a penalty? $240. $120. $60. $0
Assume Ruth has owned an EE bond for 4 years. The fixed rate of interest is 8% and the current value of the bond is $3000. If Ruth were to cash in the bond tomorrow, how much interest will she lose (approximately) as a penalty? $240. $120. O $60. O $0.
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Hale
14th Edition
