Question: Completing a Bond Amortization Table (Effective interest Rate Method) Cagney Company sold $180,000 of bonds on July 1, 2022. A portion of the amortization table

Completing a Bond Amortization Table (Effective interest Rate Method) Cagney Company sold $180,000 of bonds on July 1, 2022. A portion of the amortization table appears below. 1. Indicate the stated interest rate on these bonds. Round your answer to one decimal place. \% 2. Calculate the effective annual interest rate on these bonds. Round your answer to one decimal place: Pf of 3. Determine the interest expense and discount amortization for the interest period iending December 31 , 2024. 1f required, round your ariswers fo the nearest whole dollar

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