On February 1 5 , 2 0 2 3 , the City of Millersville issued 3 5 year 4 general obligation bonds of $ 3 5 , 0 0 0 , 0 0 0 at 1 0 2 and accrued interest of $ 5 8 , 0 0 0 Interest is paid each August and February 1 and equal principal payments are made each year on February 1 beginning in 2 0 2 4 State statutes require bond premium and discounts and accrued interest related to general long term debt to be deposited in a debt service fund on the day the related bonds are issued What is the amount of cash that will be paid to the bondholders on August 1 , 2 0 2 3 $ 7 5 8 , 0 0 0 $ 1 , 4 5 8 , 0 0 0 $ 1 , 3 4 2 , 0 0 0 $ 7 0 0 , 0 0 0 $ 6 4 2 , 0 0 0 $ 1 , 4 0 0 , 0 0 0

Question

On February 1 5 , 2 0 2 3 , the City of Millersville issued 3 5   year 4   general obligation bonds of $ 3 5 , 0 0 0 , 0 0 0 at 1 0 2 and accrued interest of $ 5 8 , 0 0 0   Interest is paid each August and February 1 and equal principal payments are made each year on February 1 beginning in 2 0 2 4   State statutes require bond premium and discounts and accrued interest related to general long   term debt to be deposited in a debt service fund on the day the related bonds are issued  What is the amount of cash that will be paid to the bondholders on August 1 , 2 0 2 3   $ 7 5 8 , 0 0 0 $ 1 , 4 5 8 , 0 0 0 $ 1 , 3 4 2 , 0 0 0 $ 7 0 0 , 0 0 0 $ 6 4 2 , 0 0 0 $ 1 , 4 0 0 , 0 0 0

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Question: On February 1 5 , 2 0 2 3 , the City of Millersville issued 3 5 - year 4 % general obligation bonds of

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