Question

A bond is initially bought for 250.​

Answer 1

0 = 0
1 = $250
2 = $500
3 = $750
4 = $1,000
Basically v is $250 and d is decades so the equation is d(v). let’s say 4($250) it’s $1,000.
It’ll take 40 decades for the value to be 10,000