how do I get the interest expanse for the first year?

Dickens Company is planning to issue $510. 000 of $%'6, 15- year bonds payable to borrow for a major expansion. The owner , Simon Dickens , ask's your advice on some related matters . Read the requirements . Requirement 2. Compute the price of the bonds if the bonds are issued at 92. The price of the $ 5 10,000 bond issued at 92 is $} 469, 200 Requirement 3 . How much will Dickens Company pay in interest each year ? How much will Dickens Company's interest expense be for the first year ?' I For this scenario we are assuming that the $510, 000 bonds are issued at 92. Further assume that the straight - line method is used ." If the $510, 000 bands are issued at 92 , Dickens Company will pay $ 40,800 in interest each year . 'Round your answers to the nearest whole dollar . " Assuming that the straight- line method is used , Dickens Company's interest Expense will be $ for the first year