Debt is issued for $

$1$

$,$

$0$

$0$

$0$

$.$

$$The debt is redeemable at $

$1$

$,$

$2$

$5$

$0$

$.$

$$The term of the debt is five years and interest is paid at

$5$

$.$

$9$

$\%$

$$pa

$.$

$$The effective rate of interest is

$1$

$0$

$\%$

$.$

$$S how how the value of the debt changes over its life and provide relevant journal entries, solve it without excel. other solutions are not correct