It is full question

Patnon Plastics needs some cash to finance expansion. Patnon issued the following debt to acquire the cash: 1. A five-year note with a stated interest rate of zero, a face value of $20,000, and an effective interest rate 2. An eight-year note with an annual stated rate of 8 percent and a face value of $35,000. Interest is paid 3. A ten-year note with an annual stated rate of 8 percent and a face value of $50,000. Interest is paid semi- All three notes were issued on January 1, 2015. of 10 percent. annually on December 31. The effective interest rate is 10 percent. annually on June 30 and December 31. The effective interest rate is 8 percent. Patnon Plastics needs some cash to finance expansion. Patnon issued the following debt to acquire the cash: 1. A five-year note with a stated interest rate of zero, a face value of $20,000, and an effective interest rate 2. An eight-year note with an annual stated rate of 8 percent and a face value of $35,000. Interest is paid 3. A ten-year note with an annual stated rate of 8 percent and a face value of $50,000. Interest is paid semi- All three notes were issued on January 1, 2015. of 10 percent. annually on December 31. The effective interest rate is 10 percent. annually on June 30 and December 31. The effective interest rate is 8 percent