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need help with amortization tables financial accounting! thanks!! QUESTIONS #1 On January 1,20XX, JetNew, issued $1,000,000 face value, 5 -year bonds with a stated rate
need help with amortization tables financial accounting! thanks!!
QUESTIONS \#1 On January 1,20XX, JetNew, issued $1,000,000 face value, 5 -year bonds with a stated rate of 5% at an effective rate of 4% which brought in $1,044,913. Interest is paid semi-annually on July 1 and December 31. JetNew uses the effective-interest method of amortization. Prepare the amortization table for the first 3 payment periods Step by Step Solution
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