On January $1,2020,$ Blindo Corp. issued ten$-$year, $12\%$ bonds with a face value of $

$500,000,$ with interest payable semi$-$annually on June $30$ and December $31.$ At the time,

the market rate was $10\%.$

Required:

a$)$ Find PMT and Use your calculator to calculate the issue price of the bonds. Round the answer to

the nearest dollar.

b$)$ Independent of your solution to part a$),$ assume that the issue price was $ $562,000.$

Prepare the amortization table for $2020.$ Round values to the nearest dollar.