Bonds in the amount of \(\$ 100 ; 000\) with a life of 10 years were issued by Roundy Company. If the stated rate is \(6 \%\) and interest is paid semiannually, what will be the total amount of interest paid over the life of the bonds?

a. \(\$ 6,000\)

b. \(\$ 30,000\)

c. \(\$ 60,000\)

d. \(\$ 120,000\)