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Jarell Tarver purchased a $2,000.00 bond at the quoted price of 75 1/2. The bond paid 2 interest at a rate of 6 percent. What is the annual interest?

Jarell Tarver purchased a $2,000.00 bond at the quoted price of 75 1/2. The bond paid 2 interest at a rate of 6 percent. What is the annual interest?
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Jarell Tarver purchased a $2,000.00 bond at the quoted price of 75 1/2. The bond paid 2 interest at a rate of 6 percent. What is the annual interest?

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User CwRichardKim
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45 percent long-standing
answered
User Sash
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