What is the net cash received over the life

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Reference no: EM133265563

Annapolis Company purchased a $4,000, 4%, 5-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: EM133265563

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