emiliohk

The year payment is only for the 3 % interest. 10,000 * 0.03 = 300 per year 300/12 = 25 per month To stop paying interest you must repay the 10,000 principal. also I recommend always check the current rate, sometimes you are paying 6 or 7 % and there are lower rates available so you could issue a new bond to repay the more expensive one and diminish interest payments and freeing some budget cash

I would develop a major seaport in Mazatlan, Mexico. Also I'd build a bridge to Isla de la Piedra and a football (soccer) stadium.