On January 1, 2021, Lizzy's Lemonade issues 6%, 10-year bonds with a face amount of $98,000 for $91,035, priced to yield 7%. Interest is paid semiannually. What amount of interest expense will be recorded on June 30, 2021, the first interest payment date

$3186

Explanation:

The interest expense that will be recorded on June 30, 2021, the first interest payment date will be calculated as:

= Issue price × Yield price × 1/2

= $91035 × 7% × 1/2

= $91035 × 7/100 × 1/2

= $91035 × 0.07 × 0.5

= $3186

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.