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Question - On 1/1/2019 Karma Corporation invested in held to maturity securities the face value was $300,000 the maturity date is 1/ 1/2030. The security market rate was 10% and the stated rate was 5%.
Required -
1- Calculate the discount /premium if any on the security using Excel.
2- Prepare the amortization schedule using Excel.
If a customer pays her bill of $745.60 with her visa card and the commission is 1.25% then a) what is the amount of commission the company will pay
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