You invest $⁢15,000 in a bond that pays a semi-annual fixed interest rate of 4% What is the total amount of interest you will receive in one year? Semiannual interest=P×((r)/(2))×t

A 4% annual interest rate on $15,000 gives $15,000 × 0.04 = $600 in one year. Since interest is paid semiannually, you receive $300 each half-year, for a total of $600 over two payments. The correct choice is 600 dollars.

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