Wyatt Industries is about to issue $ 150,000 bonds with a 10-year term. The interest on these bonds is 3% with annual interest payments. The market rate is currently at 4%.
Instructions
Calculate how much Wyatt will receive from the sale of these bonds.

Question

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The Answer of Wyatt Industries is about to issue $ 150,000 bonds with a 10-year term. The interest on these bonds is 3% with annual interest payments. The market rate is currently at 4%.
Instructions
Calculate how much Wyatt will receive from the sale of these bonds.

Wyatt Industries Is About to Issue $ 150,000 Bonds with a 10-Year