Mathematics, 27.02.2020 04:36, CamFootball638

A corporate bond has a face value of p dollars. The interest each year is 6% of the face value. After received each year. The payout is the sum of the face value and the total interest. years the total interest is the product of the number of years, 1, and the interest (a) Express the total interest /, in dollars, as a function of the age f, in years, of the bond. Note that "I is already provided. Do not include this in your submitted response to this question. I .06t+p Edit (b) Express the payout P, in dollars, as a function of f. Note that "P is already provided. Do not include this in your submitted response to this question. P= Edit

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A corporate bond has a face value of p dollars. The interest each year is 6% of the face value. Afte...