For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest earned over the life of the bond.$5000 Max-Mart Stores 7-year bond at 3.75%
A. $93.75; $1312.50
B. $187.50; $1312.50
C. $9375.00; $131,250.00
D. $75.00; $1050.00
Answer: A
Mathematics
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