A $1,000 bond, with interest at 6 ⅞% on January 1 and July 1, was purchased on October 7. Compute the number of days for which accrued interest will be paid.

Name: A $1,000 bond, with interest at 6 ⅞% on January 1 and July 1, was purchased on October 7. Compute the number of days for which accrued interest will be paid.
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The Answer of A $1,000 bond, with interest at 6 ⅞% on January 1 and July 1, was purchased on October 7. Compute the number of days for which accrued interest will be paid.

A $1,000 Bond, with Interest at 6 ⅞% on January