wkenton8791 wkenton8791

17-04-2024
Computers and Technology

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Starlight Drive-Ins Ltd. borrowed money by issuing $5,000,000 of 7% bonds payable at 95.5 on July 1, 2021. The bonds are 10-year bonds and pay interest each January 1 and July 1. What is the total amount of interest paid over the life of the bonds?

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