# For the given corporate bond, whose annual simple interest rate is provided, find the semiannual simple interest

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## Question:

For the given corporate$$ bond, whose annual simple interest rate is$$ provided, find the semiannual simple interest payment and the total interest earned over the life of the bond. Assume $365$ days in a year.

$$$$12,100$ Company A$,\text{}10-$year bond, $4\mathrm{.}127\%$

The semiannual intrest on the corporate bond is$...$