Jackie Martin purchased three $1,000 corporate bonds issued by Starbucks. The bonds pay 2.45 percent annual interest and mature in 2026. What is the total dollar amount of interest Jackie will receive for her three bonds each year? (Do not round intermediate calculations. Round your answer to 2 decimal place.)
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Jackie Martin purchased three $1,000 corporate bonds issued by Starbucks. The bonds pay 2.45 percent annual interest and mature in 2026. What is the total dollar amount of interest Jackie will receive for her three bonds each year? (Do not round intermediate calculations. Round your answer to 2 decimal place.)
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- Jackie Martin purchased three $1,000 corporate bonds issued by Starbucks. The bonds pay 2.45 percent annual interest and mature in 2026. What is the total dollar amount of interest Jackie will receive for her three bonds each year? (Do not round intermediate calculations. Round your answer to 2 decimal place.) Total annual interestEmily purchased a bond valued at $10,000 for highway construction for $4,540. If the bond pays 7.9% annual interest compounded monthly, how long must she hold it until it reaches its full face value? She must hold onto the bond for years. (Round to two decimal places as needed.) Enter your answer in the answer box and then click Check Answer. CheckAnswer All parts showing Clear All aDavid owns $30,000 worth of 10-year bonds of Ace Corporation. These bonds pay interest every 6 months at the rate of 3%/year (simple interest). How much income will David receive from this investment every 6 months? $ How much interest will David receive over the life of the bonds? $
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