Question: Question 12 View Policies Current Attempt in Progress On January 1, 2021. $1140000,5-year, 6% bonds were issued for $1092597. The interest rate in effect when
Question 12 View Policies Current Attempt in Progress On January 1, 2021. $1140000,5-year, 6% bonds were issued for $1092597. The interest rate in effect when the bonds were issued was 7%. Interest is paid semi-annually on January 1 and July 1. How much interest is paid at each interest payment date? $68400 $79800 $34200 $39900 Attempts: 0 of 1 used Submit Answer sove for Later
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