The market interest rate is 5%. Your company has just announced the following:
Series A Bonds
$ 500,000
6% semi-annual interest
5-year bonds
Instructions
How much can they expect to collect from the series A bond sales?

Question

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The Answer of The market interest rate is 5%. Your company has just announced the following:
Series A Bonds
$ 500,000
6% semi-annual interest
5-year bonds
Instructions
How much can they expect to collect from the series A bond sales?

The Market Interest Rate Is 5