Find the annual dollar amount of interest will receive

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Reference no: EM132033801

Question

Twelve months ago, you purchased 10-year Treasury notes with a face value of $1,000 The interest rate is 4.12 percent. What is the annual dollar amount of interest you will receive each year? (Round your answer to 2 decimal places.)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132033801

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