Asked by Ed
Heather bought a ten-year maturity corporate bond when it was issued for $1,000. The bond has an annual interest rate of seven percent and pays interest semi-annually. How much does she receive every six months?
Answers
Answered by
Writeacher
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Answered by
Cherelle
35$
Answered by
bec
$40
Answered by
Anonymous
$30 is the right answer
Answered by
anthony
1000x.07=70 70/2=35 35
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