Question

Sarah has a $2000 bond with a 5% coupon. How much interest will Sarah recieve for this bond every 6 months? A: $25 B: $75 C: $100 D:$50

Answer 1

The formula is
I=prt
I interest received?
P 2000
R 0.05
T 6/12

I=2,000×0.05×(6÷12)
I=50

It's d

Answer 2

Answer:

Hence, the interset earned by her:

=$ 50

Hence, option D is true.

Step-by-step explanation:

It is given that:

Sarah has a $2000 bond with a 5% coupon.

Now we are asked to find the interest that she will receive after 6 months.

i.e. after 6/12=1/2 year.

Here we have:

P=$ 2000

R=5%

T=1/2 year.

Hence, interest(I) earned by her:

$I=\dfrac{P\times R\times T}{100}\\\\I=\dfrac{2000\times 5\times \dfrac{1}{2}}{100}\\\\I=50$

Hence, option: D is true.

The interest earned by her is $ 50.