Steve wants to buy a saving bond for her newborn niece how, Financial Management

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Steve wants to buy a saving bond for her newborn niece how

Steve wants to buy a saving bond for her newborn niece. The face value of the saving bond is $1,000, the amount the niece would receive twenty years later. The government is currently paying 4.5% per year on savings bonds. How much is this saving bond cost today?

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Financial Management: Steve wants to buy a saving bond for her newborn niece how

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