Randy is considering the purchase of 20 bonds. What is the total expenditure for these bonds?

Face value of each bond: $1,200
Price per bond: 55.5%
Interest rate: 12.125%
Commission per $1,500 bond: $15

Question

Randy is considering the purchase of 20 bonds. What is the total expenditure for these bonds? 
 
 Face value of each bond: $1,200 
 Price per bond: 55.5% 
 Interest rate: 12.125% 
 Commission per $1,500 bond: $15

Quizplus · Accepted Answer

The Answer of Randy is considering the purchase of 20 bonds. What is the total expenditure for these bonds? 
 
 Face value of each bond: $1,200 
 Price per bond: 55.5% 
 Interest rate: 12.125% 
 Commission per $1,500 bond: $15

Randy Is Considering the Purchase of 20 Bonds