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Bonds in the amount of $200,000 due in 10 years were issued by the Aneetha Company. The face/stated rate is 6 percent and interest is

Bonds in the amount of $200,000 due in 10 years were issued by the Aneetha Company. The face/stated rate is 6 percent and interest is paid semiannually. What would be the total amount of interest paid over the entire life of the bonds?

A. $240,000 B. $12,000 C. $120,000 D. $60,000

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