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  3. waugh enterprises issued $8 million of 6.2% bonds,

Waugh Enterprises issued $8 million of 6.2% bonds, due in six years, with interest payable...

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Accounting

Waugh Enterprises issued $8 million of 6.2% bonds, due in six years, with interest payable annually at year-end. Calculate the total amount Waugh will pay to the bondholders over the life of the bond. Select answer from the options below $8,496,000 $2,976,000 $10,976,000 $8,000,000

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