113,851 views
41 votes
41 votes
If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is

User Pus
by
3.0k points

1 Answer

6 votes
6 votes

Answer:

25 percentage

Step-by-step explanation:

if 4000 is equal to 100 percent what about one thousand the rate is equal to 25 percentage

User Scott Nelson
by
2.5k points