Question Pl) Discount-Mart issued ten thousand $1,000 bonds on January 1, 2018. The bonds have a 10-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds. Payment Cash Effective Decrease in Outstanding Interest Balance Balance 8,640,967 345,639 45,639 8,686,606 347,464 47,464 8,734,070 349, 363 49,363 8,783,433 300,000 300,000 300,000 300,000 What is the stated annual rate of interest on the bonds? 3% OOOO