Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / A company that manufactures general-purpose transducers invested $2 million 4 years ago in high-yield junk bonds
A company that manufactures general-purpose transducers invested $2 million 4 years ago in high-yield junk bonds. If the bonds are now worth $2.8 million, what rate of return per year did the company make on the basis of (a) simple interest (10p) (b) compound interest?
Already member? Sign In
