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Complete the first three rows of an amortization table for Antique Boat World. Viking Voyager specializes in the design and production of replica Viking boats.
Complete the first three rows of an amortization table for Antique Boat World.
Viking Voyager specializes in the design and production of replica Viking boats. On January 1, the company issues $1,000,000 of 6% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 7%. Antique Boat World, one of Viking Voyagers best customers, purchases 20% of the bond issue ($200,000 face amount) at a discount for $185,788.
1. 1/1
2. 6/30
3. 12/31
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