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29 December, 13:58

Sarah has a $2000 bond with a 5% coupon. How much interest will Sarah recieve for this bond every 6 months? A: $25 B: $75 C: $100 D:$50

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  1. 29 December, 14:27
    0
    The formula is

    I=prt

    I interest received?

    P 2000

    R 0.05

    T 6/12

    I=2,000*0.05 * (6:12)

    I=50

    It's d
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