On July 1, 2018, Mason & Beech Services issued $ 44 comma 000 of 11% bonds that mature in five years. They were issued at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2018, what is the total amount paid to bondholders?

The total amount paid to bondholders on December 31, 2018 will be the semiannual interest payments, calculated as follows: Face value of the bond x Period interest rate (semi-annual).

Total payment: $44,000 x 11% / 2 = $2,420

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On July​ 1, 2018, Mason​ & Beech Services issued $ 44 comma 000 of 11​% bonds that mature in five years. They were issued at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December​ 31, 2018, what is the total amount paid to​ bondholders?

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On July 1, 2018, Mason & Beech Services issued $ 44 comma 000 of 11% bonds that mature in five years. They were issued at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2018, what is the total amount paid to bondholders?