Calculate the total dollar amount you would pay at the quoted price for the bond (disregard commission or any interest that may have accrued). (Round your answer to the nearest cent.) Company Bond price Number of bonds purchased Wang 101.5 4 Total dollar amount of purchase price: $ _________
Calculate the total dollar amount you would pay at the quoted price for the bond (disregard commission or any interest that may have accrued). (Round your answer to the nearest cent.) Company Bond price Number of bonds purchased Wang 101.5 4 Total dollar amount of purchase price: $ _________
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...
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Calculate the total dollar amount you would pay at the quoted price for the bond (disregard commission or any interest that may have accrued). (Round your answer to the nearest cent.)
Company | Bond price | Number of bonds purchased |
Wang | 101.5 | 4 |
Total dollar amount of purchase price: $ _________
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