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On July 1, 2018, Electrical Services issued $36,000 of 8% bonds that mature in five years. The bonds were issued at a premium, for a
On July 1, 2018, Electrical Services issued $36,000 of 8% bonds that mature in five years. The bonds were issued at a premium, for a total of $37,620. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2018, what is the total amount paid to bondholders? OA. $1,440 OB. $1,505 OC. $2.880 OD. $3,010
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