Answer: The account will earn in one year the amount of $10,512,000
Step-by-step explanation:
Answer:
B
Step-by-step explanation:
$5.20 is about $5.00, 21 is about 20, so $5.00 * 20 *4 = $400.
Checking this: $5.20 * 21 * 4 = $436.80
The answer would be 2, 41° i think
Based on the stated annual interest rate and the face value of the bond, the semiannual payments will be $1,000,000.
<h3>How can the semiannual interest payment be found?</h3>
The formula to find the semiannual payment is:
= (Face value x Stated annual interest rate) / 2 semi-annual periods per year
Solving gives:
= (50,000,000 x 4%) / 2
= 2,000,000 / 2
= $1,000,000
Find out more on bond payments at brainly.com/question/22488444.
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You'll have to show work guaranteed.......so i'll tell you that you need to inverse