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Prepare amortization schedule for first three interest

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Question - Carla Vista Ltd. issued $0.90 million of 5-year, 4% bonds dated May 1, 2021, for $941,500 when the market interest rate was 3%. Interest is paid semi-annually on May 1 and November 1. Prepare an amortization schedule for the first three interest payments.

Reference no: EM133152049

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