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You purchase a $15,000 bond that pays 2% per year for 4 years. (Assume you receive a check for the interest each year.)
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You purchase a $15,000 bond that pays 2% per year for 4 years. (Assume you receive a check for the interest each year.)

User Prprcupofcoffee
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Well 2% of $15,000 is $300
User Nicholas Lu
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