document.write( "Question 845523: Finding the interest rate for a given zero coupon bond
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Algebra.Com's Answer #509331 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

 
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document.write( "Hi,
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document.write( "(1 + I)^10 = 1000/463 = 2.1598
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document.write( "(1 + I)^10 = 2.1598
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document.write( " I =  is .08  0r   8% interest
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