SOLUTION: Mike has a bond. The bond pays an annual simple interest rate of 6%. After 13 years, the interest earned on the bond was $4,680. How much money did Mike originally pay for his bond
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-> SOLUTION: Mike has a bond. The bond pays an annual simple interest rate of 6%. After 13 years, the interest earned on the bond was $4,680. How much money did Mike originally pay for his bond
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Question 1151996: Mike has a bond. The bond pays an annual simple interest rate of 6%. After 13 years, the interest earned on the bond was $4,680. How much money did Mike originally pay for his bond? Answer by josmiceli(19441) (Show Source):