On January 1 of Year 1, Congo Express Airways issued $3,650,000 of 8%, bonds that pay interest semiannually on January 1 and July 1. The bond issue price is $3,352,728 and the market rate of interest for similar bonds is 9%. The bond premium or discount is being amortized using the straight-line method at a rate of $9,909 every six months. The life of these bonds is: Multiple Choice 0 32 years o 35 years. 30 years. o 26 years. o 15 years