Johnston Whittaker
02/14/2024 · Senior High School
Investments Compute the specified quantity. A corporate bond paying \( \$ 1,000 \) after 18 weeks earns \( 0.04 \% \) simple interest per week. How much did it cost to buy?
UpStudy ThothAI Solution
Tutor-Verified Answer
Quick Answer
The cost to buy the corporate bond was approximately \( 992.85 \).
Step-by-step Solution
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit