Final answer:
Henry's total investment in the bonds is $2,957.40.
Step-by-step explanation:
To find the total investment in the bonds, we need to calculate the cost of each bond and then multiply it by the number of bonds purchased.
Cost of each bond = Face value of the bond * Price of the bond
Face value of the bond = $500
Price of the bond = 98.580% = 0.9858 (in decimal form)
Cost of each bond = $500 * 0.9858 = $492.90
Total investment = Cost of each bond * Number of bonds purchased = $492.90 * 6 = $2,957.40
Therefore, Henry's total investment in the bonds is $2,957.40.