Mathematics, 24.03.2021 17:40 labrandonanderson00

Felix Capistrano purchased 5 bonds at 1,000 per bond and paid a 1 percent brokerage commission on the principal. The bonds were offered at a quoted price of 101 and earn an annual interest rate of 7.25 percent what is the total cost of Capistrano's purchase? What total interest will he earn each year?

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Felix Capistrano purchased 5 bonds at 1,000 per bond and paid a 1 percent brokerage commission on th...