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Please Help on January 1.2018 Night no paedisued S1 510,000 per vaue 7% 7-eer bonds i.e there were 1,510 of S1 Og er value bands
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on January 1.2018 Night no paedisued S1 510,000 per vaue 7% 7-eer bonds i.e there were 1,510 of S1 Og er value bands in the Issu) Interest is payable semiannually each January 1 and July 1 with the first Interest payment due at the end of the perlod on July 1 Danrmine the issue pnon of tha bands basad nn a 10% market rate of r trest, maarn the amarlization tanln for the first 2 yars assuming that Night uses the effective interest rates rethod. Click the on to vie the Ful revue of Sl table like into the Present eo S1 e Click the icon to view the Future Value of an Ordnary Annuity table.) Click the icon to iew the Present Value of an Ordinary Annulty tabla.) Cick the icon to view the Future Value af an Annuity(Click the ioan to view the Present Value of an Annuity Du Due table.) leble.) esemnne the Issue pn o thn present value and uture va um ables he ormula method, a financal ca ulator or a s or our calculatians present uture va ue lab he ormula method use c Dramou ms rounded to five de mal an s se e at s ee usn a aces x00XXx Round your final answer to the nearest whole dollar.) The issue price of the bonds is 1285,789 Pregare the amortizaton table fer the first two years, assurning Night uses the elTective interest rate method. (Round each calculation to the neerest whole number and then use the rounded value for each subsequent calculation in the table.) Cash Effactive Carrying Date Interest Interest Value 1, 2018 1,285,799 1, 2018 64,290 1, 2019 1, 2019 uary 1, 2020Step by Step Solution
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