stacieevans414 stacieevans414
  • 01-03-2022
  • Mathematics
contestada

A bond has a $12,000 face value, a 9-year maturity, and a 3.1% coupon. Find the total of the interest payments paid to the bondholder.

Respuesta :

adamsdaniels07 adamsdaniels07
  • 01-03-2022

Answer:

$15348

Step-by-step explanation:

i = prt is the simple interest equation

i = 12,000(0.031) = 372

i = 372*9 = 3348

12000+3348 = $15348

Answer Link

Otras preguntas

which information should be included in a scholarship application? a. youtube video channel b. volunteer experience c. personal blog d. favorite writer
(09.01) the following graph describes function 1, and the equation below it describes function 2: function 1 graph of function f of x equals negative x squared
Your local minister has spoken to you about his retirement plans. Which account would he probably be discussing?
working with c# i would like a messagebox.show prompt for yes/no and if yes prompt for inputbox.
What are some possible sources of error in using the ruler/triple beam balance? Help me please.
The combustion of pentane, C5H12, occurs via the reaction C5H12(g)+8O2(g)→5CO2(g)+6H2O(g) with heat of formation values given by the following table: Substance
he price of a technology stock was $9.70 yesterday. today, the price rose to $9.81 . find the percentage increase. round your answer to the nearest tenth of a p
describes the practice of products and services traded among countries around the world.
Can anyone help me out plz
px + qy = r 2px - qy = 2r When solving this system of equations, x =