Prepare an amortization schedule

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On January 1, 2013, Bradley Recreational Products issued $100,000, 9%, four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $96,768 to yield an annual return of 10%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Prepare an amortization schedule that determines interest at the effective interest rate. (Round your answers to the nearest whole dollar.)

Reference no: EM13942091

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