shaelene shaelene

11-02-2017
Mathematics

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Patrick has a $1000 bond with 6% coupon. How much interest will Patrick receive for this bond every 6 months?

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MissPhiladelphia MissPhiladelphia

21-02-2017

You are given a face value of $1000 bond with 6% bond interest. You are asked for the interest that Patrick will receive for this bond every 6 months. You use the equation b=Fi. The answer is 36%

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gridblocks490083 gridblocks490083

07-03-2019

Answer:

Step-by-step explanation:1000• 6%•6/12=4320

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