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Cullumber Ltd. issued $1,02 million of 5 year %4 bonds dated May 1,2024 for $1,067,033 when the market interest was 3% interest is paid semi-annually
Cullumber Ltd. issued $1,02 million of 5 year %4 bonds dated May 1,2024 for $1,067,033 when the market interest was 3% interest is paid semi-annually on May 1 and November 1. Prepare an amortization schedule for the first three interest payments.
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