Answers: Let a = rate of interest pay annually
1000 X a% = 90
a = 9%
tight,9% interest rate pay per annum,or
4.5% interest rate foot semi-annually
Where can you gain the best interest rates on a $50K investment?
Annual interest equals $90
$1000 bond
$90 divided by $1000 equals .09 (which equals 9%)
What the best piece to invest ur money contained by?
4.5% semi annually which is 9% annual.
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