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2: Complete the bond amortization table for a five-year, $10,000, 12% bond, which sold at a market interest rate (or effective interest rate) of 9%.

2: Complete the bond amortization table for a five-year, $10,000, 12% bond, which sold at a market interest rate (or effective interest rate) of 9%. Interest is paid annually. Round to the nearest dollar Interest Period Interest Payment Interest Expense Amortization of Discount/Premium Discount/Premium Balance Bond Carrying Amount 0 1 2 3 st 4 10 5

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