2 years ago

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

1 answer:

4 0

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

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2 years ago

A concert is being held in your hometown. 1500 tickets are sold. Adult tickets are $10.50 and child’s tickets are $7.50. If a to

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ElenaW [278]

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