Mathematics
Mathematics, 23.11.2019 07:31, maria051002camp

mr. davis purchased fifty $1,000 bonds at 96.50. the annual interest rate is 8.5%. find the amount of each semi-annual interest payment.
$4,250
$2,125
$1,062.50
$3,354.75
none of these choices are correct.

answer
Answers: 3

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mr. davis purchased fifty $1,000 bonds at 96.50. the annual interest rate is 8.5%. find the amount o...

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