Company XYZ has decided to issue Bonds to raise money for renovation of a building. The number of bonds issued is $500$ and the face value of each bond is $$1,000.$ These are ten year bonds and interest of $8\%$ will be paid annually. The bonds are issued on $\frac{1}{1}\frac{?}{2024}.$ At $12/31/2024,$ how much interest needs to be accrued in order to

$$10\mathrm{.}000$

$$500,000.$

$$40\mathrm{.}000.$

$$250\mathrm{.}000.$