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qid 484 · business#
Question: What was the cost, including accrued interest, of three $1,000 bonds bearing 6% interest payable January 1 and July 1 and purchased on August 30 at 102. Assume a brokerage fee of $5 a bond.
- $3,090
- $3,045
- $3,105
- $3,120
- $3,060
- $3,000
- $3,075
- $3,030
- $3,180
- $3,150
Our answer: C. $3,105 Source quote machine-checked (exact quote)
A machine check confirms the quoted words appear at the source. A person has not yet reviewed these. EARN MARKS as a Human Reviewer
How it was answered
Stored formula / worked method, replayed by code
Bond dirty price and accrued interest settlement calculation problem
card: formula · card sha256 22434b6cbe602af2…
Current source
Investopedia, "Accrued Interest"
https://www.investopedia.com/terms/a/accruedinterest.asp
“Accrued interest also refers to the amount of bond interest that’s accumulated since the last time a bond interest payment was made.”
Source quote machine-checked (exact quote)
retrieved 2026-09-18T02:02:05.212Z
page text sha256 504d80153f77ba1a… · content sha256 7b37fce25942c725…
addendum formula_qid484.formula_ADDENDUM_source_rs20260918T020205Z · sha256 f54ac71bbafadc04… · replaces the version below, addendum sha256 c73e9beab1826baa…
Earlier version (superseded)
https://www.investopedia.com/terms/a/accruedinterest.asp
Source weak (http_get_200_text_and_question_terms)
retrieved 2026-09-17T00:31:50.121Z
page text sha256 18b9ab0ce8d7c752… · content sha256 —
addendum formula_qid484.formula_ADDENDUM_source_relabel_unverified20260917T012453Z · sha256 c73e9beab1826baa… · replaces the version below, addendum sha256 e4d29b3cabd320df…
Earlier version (superseded)
https://www.investopedia.com/terms/a/accruedinterest.asp
Source weak (http_get_200_text_and_question_terms)
retrieved 2026-09-17T00:31:50.121Z
page text sha256 18b9ab0ce8d7c752… · content sha256 —
addendum formula_qid484.formula_ADDENDUM_source_bf20260917T003150Z · sha256 e4d29b3cabd320df… · replaces the version below, addendum sha256 6001992b85bf69d3…
Earlier version (superseded)
No public source has been found for this card yet (4 places checked internally).
addendum formula_qid484.formula_ADDENDUM_source · sha256 6001992b85bf69d3…
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