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Yarlon issues a serial bond for $200,000. At the end of each year, the bond pays $50,000 of the face value plus an interest of

Yarlon issues a serial bond for $200,000. At the end of each year, the bond pays $50,000 of the face value plus an interest of 5% on the unpaid balance for the period. Calculate the interest charged for the second year. Select a Choice Below current question choices OptionA $15,000 OptionB $12,500 OptionC $10,000 OptionD $7,500

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