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Determine the effective-interest rate. (Round answer to O decimal places, e.g. 18%) The effective-interest rate LINK TO TEXT Set up a schedule of interest cxpense
Determine the effective-interest rate. (Round answer to O decimal places, e.g. 18%) The effective-interest rate LINK TO TEXT Set up a schedule of interest cxpense and discount amortization under the cffective-interest method. (Round intermediate calculations to 6 decimal places, e.g.1.251247 and final answer to O decimal places, e.g. 38,548.) Schedule of Discount Effective-Interest Method Carrying Cash Paid Interest Expense Amortized Amount of Bonds Discount Year Jan. 1, 2017 Jan. 1, 2018 Jan. 1, 2019 Jan. 1, 2020 Jan. 1, 2021 Jan. 1, 2022 Click if you would like to Show Work for this question: Qen Show Work
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