jacqueline398
21.07.2019 •
Mathematics
Acompany issued 5-year, 7% bonds with a par value of $100,000. the market rate when the bonds were issued was 6.5%. the company received $102,105 cash for the bonds. using the effective interest method, the amount of recorded interest expense for the first semiannual interest period is: multiple choice $1,750.00. $3,318.41. $3,500.00. $6,573.90. $7,000.00.
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Ответ:
$2105/10 =$210.5
1000*.07*.5= $3500
3500- 210.5 = $3289.5
So in my estimation, it is $3,318.41
Ответ:
im not quite sure i mean 20 time 2 or sum like that