Mr. Smith invested $2,000,000 in AAA
bonds. If a year from now he gets back
his $2,000,0...
Mathematics, 25.02.2020 21:17 issaaamiaaa15
Mr. Smith invested $2,000,000 in AAA
bonds. If a year from now he gets back
his $2,000,000 plus $160,000 in interest
payments, what was the yearly interest rate
on the bonds? (Be sure to write your
answer in percent form.)
Answers: 2
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