19. % The company issues 7%, 10-year bonds with a total face amount of $1,000,000 on January 1, 20A for $1,000,000. Interest is paid semi-annually on June 30 and December 31. What was the market rate of interest for the bond issuance? Use the following to answer questions 20 24 On January 1, year 1, the company borrows $65,000 to purchase a new vehicle by agreeing to a 4.0%, 6-year loan with the bank. Payments are due at the end of each month with the first installment (vehicle payment) due on January 31, year 1. AFTER completing the problem, ROUND YOUR ANSWERS TO THE NEAREST DOLLAR. IMPORTANT!!!! when inputting the monthly interest rate DO NOT ROUND IT. 20. Determine the monthly vehicle payment (installment) $ 21. Determine the interest expense for the first car payment (installment) $ 22. How much will the payment decrease the amount owed (principal)? $ 23. After the first vehicle payment is made the amount owed on the vehicle would be: $ 24. Determine interest expense for the second car payment $