1.bonds with a face value of $500,000 and a quoted price of 102 1/4 have a selling price of

a. 601, 125

b. 510,125

c. 510,013

d. 511,250

2. bonds with a face value of 500,000 and a quoted price value of 97 1/4 have a selling price of:

a. 486,250

b. 485,125

c. 485,013

d. 487,500

3. the interest charged on a $90,000 note payable at the rate of 6% on a 90 day note would be:

a. 5400

b. 2700

c 1350

d, 900