A $10,000, five-year bond payable is issued for $10,500. It pays annual interest at 4% What two promises are made on issue? Multiple Choice The company will pay $10,000 in principal and $2,000 in interest at the maturity date The company will pay $420 in interest each year and $10,500 in principal at the maturity date, The company will pay $500 in interest each year and $10,500 in principal at the maturity date. The company will pay $400 in interest each year and S10,000 in principal at the maturity cate