Solution-What is the annual interest

What is the annual interest

Reference no: EM131222499

Kendrick Campbell purchased a $25,000 municipal bond at a quoted price of 93.456. The bond pays annual interest at a rate of 3.7%. What is the annual interest?

Reference no: EM131222499

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What is the annual interest : Kendrick Campbell purchased a $25,000 municipal bond at a quoted price of 93.456. The bond pays annual interest at a rate of 3.7%. What is the annual interest?

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What is the annual interest

Reference no: EM131222499

Reference no: EM131222499

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