Question: Given the following information from an amortization table, compute the effective interest expense (x and the carrying value (Y) forthe next line of the table:

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

Given the following information from an amortization table, compute the effective interest expense (x and the carrying value (Y) forthe next line of the table: 2% Cash Premium Amortization Time 1% Effective Carrying Value Period Interest Interest 8E0 419 381 41,561 A Effective Interest $423; Carrying Value $41,942 B. Effective Interest $A08; Carrying Value $40,397 C Effective Interest $412; Carrying Value $40,789 D. Effective Interest $416; Carrying Value $41,177

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