Sunni bought a $500 corporate bond. the bond pays 4.8% interest per year. if sunni holds the bond for 15 years, how much will sunni receive in interest? a. $24 b. $140 c. $360 d. $480

Sunni will receive $360 ( C ) in interest of the 15 years period of holding the $500 corporate bond.

Explanation:

annual interest rate = 4.8%

worth of bond = $500

Interest in 15 years = 4.8% * 15

                                 0.048 * 15 = 0.72 = 72%

how much interest is received in a year = 0.048 * $500

                                                                    = $24

how much interest received in 15 years = $24 * 15

                                                                   = $360

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.

answer; experimentation;