Anonymous
Anonymous asked in Education & ReferenceHomework Help · 4 weeks ago

I would like to find out the total percentage return ?

It’s a question where I have to find out the total percentage return. I have been provided with the amount I brought the bond for, and the current price of the bond as well as the annual interest I received for the year. 

2 Answers

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  • 4 weeks ago

    ((cp-pp)*(rate/100)*years+(cp-pp))/pp

    assuming annual rate of interest received/credited to your account 

    which means simple interest.

  • Anonymous
    4 weeks ago

    Move to homework help

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