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Complete the first three rows of an amortization schedule

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Question - On January 1, 2021, Splash City issues $500,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $549,482. Complete the first three rows of an amortization schedule.

Reference no: EM133010363

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