Question:

James purchased a bond for $3200, and ten months later he sold it for $3700. ?

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James purchased a bond for $3200, and ten months later he sold it for $3700. What annual rate would he have to earn in a savings account compounded monthly, to earn the same money on his investment?

a. 19.55%

b. 18.3%

c. 17.55%

d. 19.05%

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  1. LOL THE ANSWER IS JAMES BOND!!


  2. And this has to do with insurance how??????????
You're reading: James purchased a bond for $3200, and ten months later he sold it for $3700. ?

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