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Three years ago you purchased a $1,000 Kroger corporate bond that pays 3.95 percent annual interest. What is the total dollar amount of interest that
Three years ago you purchased a $1,000 Kroger corporate bond that pays 3.95 percent annual interest. What is the total dollar amount of interest that you received from your bond investment over the three-year period? Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
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