newconnection.com - Connect Grades for Easton Ayers: ACCT 29-00: Pre Of Financial Account 079) Help Save & E Submit TB MC Qu. 9-138 X2 issued callable bonds on January... U X2 issued calable bonds on January 1, 2021 The bonds pay interest annually on December 31 each year X2's accountant has projected the following amortization schedule trom Issuance until maturity Decrease in Interest Carrying Carrying Date Cash Paid Expense Value Value 01/01/2021 $121,379 12/31/2821 $13,455 $12,745 $ 710 120,669 12/31/2022 13,455 12,670 785 119,884 12/31/2023 13,455 12,588 867 119,017 12/31/2024 13,455 12,497 958 118,059 12/31/2825 13,455 12,396 1,050 117,000 What is the annual mainterest rate on the bonds? Me Choice