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Mathematics, 20.09.2020 16:01 reemoe

On January 1, 2020, $4800000, 5-year, 10% bonds, were issued for $5088000. Interest is paid annually on January 1. If the issuing corporation uses the straight-line method to amortize premium on bonds payable, the monthly amortization amount is

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On January 1, 2020, $4800000, 5-year, 10% bonds, were issued for $5088000. Interest is paid annually...
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