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Business, 05.12.2019 22:31 RaquelLWhite

James purchased a bond valued at $20,000 for highway construction for $9,420. if the bond pays 7.5% annual interest compounded monthly, how long must she hold it until it reaches its full face value?

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James purchased a bond valued at $20,000 for highway construction for $9,420. if the bond pays 7.5%...
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