Question

Fred Salmon purchased six $1,000 bonds at 92. The bonds pay 6.5%.

Answer 1

Answer:

6.5% should be the answer of annual

Answer 2

Answer:

if he bought 6 bonds at $1,000 each, then 6*1000

Step-by-step explanation:

if the interest is 6.5%, then the annual interst is also 6.5%