math
posted by paully .
Shane invests $11,000 in bonds that earn simple interst of 6%. The interest is payable at the maturity of bonds after 5yrs. Find the total amount that shane will receive after 5yrs. PLZ SHOW WORK
Respond to this Question
Similar Questions

accounting
4/4/04, Corporation, which has a 12/31 year end authorized $1,500,000 of callable, mortgage bonds (secured by $2,200,000 of property and equipment, at market value). The bonds paid interest at a rate of 8% per year and had a term of … 
Intermediate Accounting
The 10% bonds payable of Klein Company had a net carrying amount of $570,000 on December 31, 2006. The bonds, which had a face value of $600,000, were issued at a discount to yield 12%. The amortization of the bond discount was recorded … 
survey of accounting
1. A corporation issues $18,000,000 of 6% bonds to yield an effective interest rate of 7%. a) was the amount of cash received from the sale of the bonds more or less than $18,000,000? 
accounting
I have figured this out I just want to make sure I am correct in my answers. 1.On January 2, 2007, A company issued $100,000 of 5%, 10 year bonds. The bonds will mature in ten years. The bonds were sold for for 95% (or .95 of par) … 
math
Shane invests $7,000 in bonds that earn simple interest of 3%. The interest is payable at the maturity of the bonds after 5 years. Find the total amount that Shane will receive at the end of 5 years. 
math
Shane invests $7,000 in bonds that earn simple interest of 3%. The interest is payable at the maturity of the bonds after 5 years. Find the total amount that Shane will receive at the end of 5 years 
Accounting
Jacks Corporation purchases $200,000 bonds plus accrued interest for 2 months of $2,000 from Kennedy Company on March 1. The bonds have an annual interest rate of 6% payable on June 30 and December 31. The entry to record the purchase … 
financial
an investment of 3000 will pay a total of 600dllrs simple interest after 5yrs. what is its annual interest rate? 
math
I ONLY NEED HELP WITH PART C I DID THE REST ON MY OWN plz help Shane drew 3 squares with each side equal to n units. For each square, he does something different to it according to each part below. Part A: Shane increased the length … 
math
Shane is 34 years younger than Leah. 8 years ago, Leah's age was 2 times Shane's age. How old is Shane now?