Round all balances to the nearest whole dollar

Reference no: EM132214014

Question :

Issued a bond on December 31 with a face value of $50,000 at a stated annual interest rate of 5% and a market annual interest rate of 8%.

The bonds mature in 10 years and interest is paid annually at the end of the period.

Round all balances to the nearest whole dollar.

Reference no: EM132214014

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