Question: Page 2: 2 Page 3: Question 8 (1 point) Suppose you have a $1000 savings bond with an 8% annual rate, paid semi-annually, with maturity

Page 2: 2 Page 3: Question 8 (1 point) Suppose you have a $1000 savings bond with an 8% annual rate, paid semi-annually, with maturity in 5 years. How much interest will you earn? (Savings bonds earn simple interest.) Round your answer to the nearest cent

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