Suppose the U. S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $4,100. What interest rate would you earn if you bought this bond at the offer price

the interest rate is 3.67%

Step-by-step explanation:

We would apply the formula for determining simple interest which is expressed as

I = PRT/100

Where

I represents interest paid on the bond.

P represents the principal or amount at which you bought the bond.

R represents interest rate on the bond

T represents the duration of the bond in years.

From the information given,

P = 3000

T = 10 years

I = 4100 - 3000 = 1100

Therefore,

1100 = (3000 × R × 10)/100 = 300R

R = 1100/300

R = 3.67%

the cat is blue because the probability of extension towards the prefix of the diameter of the circle could only mathematically equal to the sum of the roots of the carrots from   your garden.

step-by-step explanation: