this is all the information that was given and effective interest rate might be 9.95%

1. On January 1, 2020, Car Co. sells 9% bonds having a face value of $2,300,000 at 96.209. The bonds are dated January 1, 2020, and mature on January 1, 2025. Interest is payable annually on January 1 A. What is the effective interest rate? B. Prepare a Bond Amortization Schedule in proper form using the effective rate, C Prepare in proper form the bond liability section of Car Co.'s balance sheet at December 31, 2021 D. What is the carrying amount of the bonds on December 31, 20242