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Find the price (to the nearest cent) you should be willing to pay for the5-year$15,000bond with interest at3.1% (compounded semiannually). $8219.51 $11,053.62 $12,861.51 $25,723.02

Find the price (to the nearest cent) you should be willing to pay for the5-year$15,000bond with interest at3.1% (compounded semiannually).
$8219.51
$11,053.62
$12,861.51
$25,723.02

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