Question: James McCulloch purchased a 3 0 - year U . S . Treasury bond four years ago for $ 1 , 0 0 0 .

James McCulloch purchased a 30-year U.S. Treasury bond four years ago for $1,000. The bond paid 2.70 percent annual interest. Four years later he sold the bond for $1,064.
What is the annual interest amount for the bond?
Note: Round your answer to 2 decimal places.
What is the total interest Mr. McCulloch earned during the four-year period?
Note: Do not round intermediate calculations.
What is the total return for Mr. McCulloch's bond investment?
Note: Do not round intermediate calculations.

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