Suppose you purchase a six-year muni bond for $6000. The face value of the bond when it matures is $7620. Find the APR.

College Algebra: Chapter R R.2 – Base and Positive Exponents Steps: 1) Start with the group of numbers you are given ex.) 2.7 x 10 2) Look at first main number ex.) 2.7 3) Move the decimal point as many spaces as the eponent expression says ex.) 2.7 x 10 = 2,700 *Hint: Positive Exponent = move to the Right Negative Exponent...