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

Help! Show steps please! I NEED THE STEPSSS What number must multiply each side of the equation -3/4x = 60 to produce the equivalent equation x = -80
¿Qué buscas? Choose the right answer
Relative to the percent of time dominating the surface of the Earth, which organisms have been here the longest? 1. eukaryotes 2. prokaryotes (single celled org
Plss Help DUE Tomorrow I will give branist Show Your Work to Verified ​
. Formula la reacción de polimerización por condensación entre los siguientes compuestos e identifícalos. Indica si el polímero resultante es un poliéster o una
the length of my living rooom is 24 feet. the width of my living room is 1/2 the length. what is the area of my living room.
Mosaics were made by who?
hello everyone how are you all​
How many zeros will be in the product of 5 x 105 =
20 POINTS! Need help ASAP