B B Bond Details Date Face Value $ Contract Rate Effective Rate Life (years) Payments per year 1/1/22 60,000.00 12% 14% 5 4 0 1 2 3 14 Bond Calculations Present Value $ Future Value s Payment $ 55,736.28 60,000.00 1.800.00 Amortization of Bond discount or Amortization of bond premium Bond Discount Balance or Bond Premium Balance Interest Payment Date 1/1/22 Interest Expense Carrying Value 16 18 119