benchmarks.wiki / Public workspace

MMLU-Pro / 650 / Mr. Golden purchased 3 bonds, each with a maturity value of …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Mr. Golden purchased 3 bonds, each with a maturity value of 1,000,fromtheSuttonsmithCorporation.Foreachbond,hewillreceive1,000, from theSuttonsmithCorporation. For each bond, he will receive 15 semiannually for 20 years, after which time he will also receive the full face value of 1,000.The1,000. The 15 payments will be made regardless of the interest rate. If the interest rate on one bond was 3%; on another, 4%; and on the third, 3.6%, what did Mr. Golden pay for each bond?
Plain-text mathematical notation (without MathML)
Mr. Golden purchased 3 bonds, each with a maturity value of 1,000,fromtheSuttonsmithCorporation.Foreachbond,hewillreceive15 semiannually for 20 years, after which time he will also receive the full face value of 1,000.The15 payments will be made regardless of the interest rate. If the interest rate on one bond was 3%; on another, 4%; and on the third, 3.6%, what did Mr. Golden pay for each bond?
Original LaTeX notation
Mr. Golden purchased 3 bonds, each with a maturity value of $1,000, from theSuttonsmithCorporation. For each bond, he will receive $15 semiannually for 20 years, after which time he will also receive the full face value of $1,000. The $15 payments will be made regardless of the interest rate. If the interest rate on one bond was 3%; on another, 4%; and on the third, 3.6%, what did Mr. Golden pay for each bond?

category

business

options

  1. $950.00, $800.23, $850.26
  2. $1,000.04, $863.23, $915.26
  3. $1,000.04, $860.23, $910.26
  4. $1,050.00, $890.23, $940.26
  5. $1,000.00, $860.23, $910.26
  6. $1,050.04, $813.23, $935.26
  7. $995.00, $855.23, $905.26
  8. $1,000.04, $865.23, $915.26
  9. $1,000.00, $900.23, $950.26
  10. $1,000.04, $863.23, $920.26

src

stemez-Business

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import