Asked by MIKE.

Please help solve the below problem Show work please! Thanks.

On Dec 28,2007,you could buy a 10-year U.S.Treasury note(a kind of bond)for $10,000 that pays 4.21% simple interet every year through Dec 28,2017.How much total interest would it earn by then?

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Answered by MIKE.
Please help solve the below problem Show work please! Thanks.

On Dec 28,2007,you could buy a 10-year U.S.Treasury note(a kind of bond)for $10,000 that pays 4.21% simple interet every year through Dec 28,2017.How much total interest would it earn by then
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