If $180,000, 9%, bonds are issued on January 1, and pay interest semi-annually, the amount of interest paid on July 1, will be $8,100.

Name: If $180,000, 9%, bonds are issued on January 1, and pay interest semi-annually, the amount of interest paid on July 1, will be $8,100.
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The semi-annual interest payment is calculated as $180,000 * 9% / 2 = $8,100, since interest is paid twice a year (semi-annually) at a 9% annual rate.

If $180,000, 9%, Bonds Are Issued on January 1, and Pay