Bonds from the u. s. treasury are selling at 102.293, bonds from alachua county are selling at 85.681, and bonds from the city of northfield are selling at 94.442. how much will it cost lana if she wants to purchase one bond with a par value of $1,000 from each of these sources?

Total cost of the Bonds = $2824.16    

Step-by-step explanation:

Bonds from the U.S. Treasury are selling at 102.293

But Lana wants to purchase one bond with a par value of $1,000

Cost of bonds from the U.S. Treasury = 102.293 × 10

                                                               = $1022.93

Bonds from Alachua County are selling at 85.681

But Lana wants to purchase one bond with a par value of $1,000

Cost of bonds from Alachua County = 85.681 × 10

                                                               = $856.81

Bonds from the city of Northfield are selling at 94.442

But Lana wants to purchase one bond with a par value of $1,000

Cost of bonds from the city of Northfield = 94.442 × 10

                                                               = $944.42

Total cost of the Bonds = 1022.93 + 856.81 + 944.42

                                        = $2824.16

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