9514 1404 393
Answer:
$155.50
Step-by-step explanation:
The interest is given by the formula ...
I = Prt
where P is the principal earning interest at annual rate r for t years. The interest period here is 1/2 year.
I = $5000×0.0622×1/2 = $155.50
The semiannual interest payment is $155.50 on this bond.
