What is net cash received over life of the bond investment

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Question - Annapolis Company purchased a $3,000, 7%, 8-year bond at 101 and held it to maturity. The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment? (All money received minus all money paid, round to nearest whole dollar).

Reference no: EM132479784

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