Question: Discount - Mart issues $ 1 5 million in bonds on January 1 , 2 0 2 4 . The bonds have a nine -

Discount-Mart issues $15 million in bonds on January 1,2024. The bonds have a nine-year term and pay
Interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization
schedule for the bonds:
What is the interest expense on the bonds in 2024?
Multiple Choice
$1,608,257
$1,500,000
$805,705
$802,552
Discount-Mart issues $15 million in bonds on January 1,2024. The bonds

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