document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=430339>Question 430339</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can someone help me with the following...\r<BR>\n" );
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document.write( " What would be the semiannual interest payment on a $24,000 Proctor and Gamble 10-year bond at 6.875%? (To the nearest dollar, do not include the dollar sign $)\r<BR>\n" );
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document.write( "I came up with answer 8250, but Im not sure if this is correct... Thank you!!<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #298928 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=298928\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You're close.  If the interest rate is 6.875% annually, then the semi-annual interest rate would be half that, or 3.4375%.  Multiply this by $24,000 and you get $825. </SPAN>\n" );
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