Problem $15-7$ Calculating Total Return $[$LO$15-4]$

James McCulloch purchased a $30-$year U$.$S$.$ Treasury bond four years ago for $$1,000.$ The bond paid $2\mathrm{.}20$ percent annual interest. Four

years later he sold the bond for $$1,044.$

a$.$ What is the annual interest amount for the bond?

Note: Round your answer to $2$ decimal places.

b$.$ What is the total interest Mr$.$ McCulloch earned during the four$-$year period?

Note: Do not round intermediate calculations.

c$.$ What is the total return for Mr$.$ McCulloch's bond investment?

Note: Do not round intermediate calculations.