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    Using and Understanding Mathematics
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    Exam 4: Managing Money
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    Solve the Problem. -Calculate the Annual Interest for a $1000 Treasury Bond with Treasury
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Solve the Problem. -Calculate the Annual Interest for a $1000 Treasury Bond with Treasury

Question 83

Question 83

Multiple Choice

Solve the problem.
-Calculate the annual interest for a $1000 Treasury bond with a current yield of 3.4% that is quoted at 116.4 points.


A) $39.58
B) $30.60
C) $27.20
D) $47.49

Correct Answer:

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