You purchase a eight year bond with an APR of 4.75%. The face value of the bond is $6210. Find the purchase price.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section1.9: Opposites And Absolute Values
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You purchase a eight year bond with an APR of 4.75%. The face value of the bond is $6210. Find the purchase price. 

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