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Question 10 (2 points) Acme CO. issued a $200,000, 3 year, 7% bond on 1/1/2020 for $194,758. The bonds pay interest semi-annuall were issued
Question 10 (2 points) Acme CO. issued a $200,000, 3 year, 7% bond on 1/1/2020 for $194,758. The bonds pay interest semi-annuall were issued when the market rate of interest was 8%. The amount paid at the end of the life of the bond, othe the final interest payment, will be $200,000 Can not be determined from the information provided. $194,758 $205,242 Question 11 (3 points) On 1/1/20 Dragonville purchases a delivery van for $35,000. Dragonville estimates that at the end of its five-year service life, the van will be worth $2,000. Calculate the depreciation expense for the FIRST year using the DOUBLE A- F2 A+ F3 *- F4 F5 # $ 3 4 LL D *+ D F6 F7 F8 % 05 < 6 H 27 > F9 8 DOD F10 F11 6
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