Question: Given the following information from an amortization table, compute the effective interest expense and the carrying value for the next line of the table 2%

Given the following information from an amortization table, compute the effective

Given the following information from an amortization table, compute the effective interest expense and the carrying value for the next line of the table 2% Cash Interest $800 1% Effective Interest $412 Premium Amortization $789 Carrying Value $38,840 O A. Effective Interest $388; Carrying Value $39,252 O B. Effective Interest $412: Carrying Value $39,252 O C. Effective Interest $388; Carrying Value $38,428 O D. Effective Interest $412; Carrying Value $38,428

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