John Jimenez purchased a $5,000 bond at 90. The annual interest is 5%.
What was the cost of the bond?
What was the annual interest?
What is the yield (to nearest tenth of a percent) ?
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Home » Mathematics » John Jimenez purchased a $5,000 bond at 90. The annual interest is 5%. What was the cost of the bond? What was the annual interest? What is the yield (to nearest tenth of a percent) ?