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ericchen4399
03.05.2021 •
Business
Steamboat Company issued the following ten-year bonds on January 1, 2016: $100,000 maturity value, 6% interest payable annually on each December 31. The bonds were dated January 1, 2016 and the accounting period ends December 31. The bonds were issued given a 7% rate of interest for . Steamboat uses the effective-interest method for amortization. The amortization for 2016 was . (Round your answers to the nearest $1.)
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Ответ:
= 0.05 ⇒ 0.1 (to 1.d.p/ to the nearest tenth)