radomes.openskiesproject.org
rosaeedazzming
rosaeedazzming rosaeedazzming
  • 11-06-2016
  • Mathematics
Answered

John has a $1000 bond with a 3% coupon. How much interest will John receive for this bond every 6 months?

Verified Answer :

metchelle
metchelle metchelle
  • 11-06-2016

The interest of the bond  for 6 months is $15. This is computed as 3% of 1000 is $30. Then since it is only for 6 months, $30 divided by 12 months and multiplied by 6, which is equal to $15

Answer Link
kylrein2003
kylrein2003 kylrein2003
  • 22-12-2020

Answer:

$15.00

Step-by-step explanation:

Answer Link

Related Questions

Match the term in Column A to the answer in Column B
Which of the following statements are true of logistic growth Select all that apply a As the population becomes larger it grows more slowly b When the populatio
What level of Organization is shown in the human heart
Terrance and Lakendra are going to GameStop for new video game controller and some new games Their grandmother gave them a 125 gift card for this purpose If the
24x1848x9 please find as many different ways as you can to make this equation true please help
In America democracywhy is the principle of checks and balances important
Whats 20 of 10 Explain your answer
What happens when gasoline is used to power a vehicle
what was the middle passage
In a School two flowerbeds as given in the figure are available for planting If cost of planting flowers in smaller flowerbed is rs 5000 find the cost of planti