Mathematics, 25.02.2020 09:18, aamu15

Jeff purchased a government bond, which has a maturity value of $3400 after 25 years at 11 1⁄4 % simple interest. How much should he pay for this bond?

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Jeff purchased a government bond, which has a maturity value of $3400 after 25 years at 11 1⁄4 % sim...