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    nose2grindstone's Avatar
    nose2grindstone Posts: 1, Reputation: 1
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    #1

    Jun 29, 2008, 09:13 PM
    Preparing an amortization table
    On january 1, 2005, $300,000 of 10%, 3-year bonds were issued for $85,150. The market price at the time was 12%. The bonds pay interest semiannually on june 30 and december 31. The company amortizes any discount or premium using the effective-interest method of amortization.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jul 2, 2008, 05:27 PM
    Please see our guidelines for posting homework problems:

    https://www.askmehelpdesk.com/financ...-b-u-font.html
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