Question:james purchased a bond for $1240, and eight months later he sold it
for $1320. what...
Question
james purchased a bond for $1240, and eight months later he sold it
for $1320. what...
james purchased a bond for $1240, and eight months later he sold it
for $1320. what annual rate would he have to earn in a savings
account compounded monthly, to earn the same money on his
investment?