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On January 1, 2017, Tillman Co. issued 15-year bonds with a face value of $1,000,000 and a stated interest rate of 12%, payable semiannually on
On January 1, 2017, Tillman Co. issued 15-year bonds with a face value of $1,000,000 and a stated interest rate of 12%, payable semiannually on June 30 and December 31. The bonds were sold to yield 16%.
Prepare the amortization table for the years 2017, 2018 & 2019
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