1 On January 1, 2023 ISU issued 6 , 5 year bonds with a face amount of 100 million dollars to fund the renovation of a new science building The market yield for bonds of similar risk and maturity was 7 Interest is paid semiannually on June 30 and December 31 Prepare an amortization table for ISU assuming the effective interest method is used Follow the format of the amortization table on page 13 12 schedule of bond discount amortization in your text Round amounts to the nearest dollar Include all 10 payments in your table and totals for cash paid, interest expense, and discount amortized SOLVE USING EXCEL On January 1, 2023 ISU issued 6 ,5 year bonds with a face amount of 100 million dollars to fund the renovation of a new science building The market yield for bonds of similar risk and maturity was 7 Interest is paid semiannually on June 30 and December 31 Prepare an amortization table for ISU assuming the effective interest method is used Follow the format of the amortization table on page 13 12 schedule of bond discount amortization in your text Round amounts to the nearest dollar Include all 10 payments in your table and totals for cash paid, interest expense, and discount amortized

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1  On January 1, 2023 ISU issued 6 , 5 year bonds with a face amount of 100 million dollars to fund the renovation of a new science building  The market yield for bonds of similar risk and maturity was 7   Interest is paid semiannually on June 30 and December 31  Prepare an amortization table for ISU assuming the effective interest method is used  Follow the format of the amortization table on page 13  12 schedule of bond discount amortization in your text  Round amounts to the nearest dollar  Include all 10 payments in your table and totals for cash paid, interest expense, and discount amortized   SOLVE USING EXCEL  On January 1, 2023 ISU issued 6 ,5 year bonds with a face amount of 100 million dollars to fund the renovation of a new science building  The market yield for bonds of similar risk and maturity was 7   Interest is paid semiannually on June 30 and December 31   Prepare an amortization table for ISU assuming the effective interest method is used  Follow the format of the amortization table on page 13   12 schedule of bond discount amortization in your text  Round amounts to the nearest dollar  Include all 10 payments in your table and totals for cash paid, interest expense, and discount amortized

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1. On January 1, 2023 ISU issued 6%, 5 year bonds with a face amount of 100 million dollars to fund the renovation of a

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