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Jackie Martin purchased three $1,000 corporate bonds issued by J. C. Penney. The bonds pay 5.65 percent and mature in 2020. What is the total
Jackie Martin purchased three $1,000 corporate bonds issued by J. C. Penney. The bonds pay 5.65 percent and mature in 2020. What is the total dollar amount of interest Jackie will receive for her three bonds each year?
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