Asked by Ed

Heather bought a ten-year maturity corporate bond when it was issued for $1,000. The bond has an annual interest rate of seven percent and pays interest semi-annually. How much does she receive every six months?
Answered by Writeacher
Please type your <u>subject</u> in the <b>School Subject</b> box. Any other words, <u>including obscure abbreviations</u>, are likely to delay responses from a teacher who knows that subject well.
Answered by Cherelle
35$
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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