You purchased a bond at a price of $5,000. In 30 years when the bond matures, the bond will be worth $25,000. It is exactly 24 years after you purchased the bond and you can sell the bond today for $16,000. If you hold the bond until it matures, what annual rate of return will you earn from today?

The annual rate of return will you earn from today is 7.72%

Explanation:

In order to calculate the annual rate of return will you earn from today if you hold the bond until it matures we would have to calculate the following formula:

annual rate of return=(future value/present value)∧(1/time)-1

future value=$25,000

present value=$16,000

Therefore, annual rate of return=($25,000/$16,000)∧(1/6)-1

annual rate of return=7.72%

The annual rate of return will you earn from today is 7.72%

one of the disadvantages of getting a government sponsored mortgage is they put a limit on the purchase price of the house. because the government is in charge of the mortage loan and terms, they are able to control how much money they are allowing someone to take out for the loan. not only are they incontrol, it's a lengthy process for a government sponsored mortgage.

the answer choices are:

provides online banking

provides automatic payment services

provides home loans by using saving accounts

accept tax return refunds

hopefully someone can answer the question now lol