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A $2,000,000 bond is issued on January 1, 20xx with a 9% stated interest rated. Interest is paid semiannually on June 30 and December 31st.

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A $2,000,000 bond is issued on January 1, 20xx with a 9% stated interest rated. Interest is paid semiannually on June 30 and December 31st. The bond will mature in 10 years. In order to retire the bond at the end of 10 years, what amount will be debited to the bonds payable account? Fill in the blank with your calculated number. DO NOT include commas. $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123

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