Annapolis Company purchased a $2,000, 7%, 10-year bond at 101 and held it to maturity. The straight line method of amortization is used for both premiums & discounts
Annapolis Company purchased a $2,000, 7%, 10-year bond at 101 and held it to maturity. The straight line
method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment? (all money received minus all money paid, round to nearest whole dollar)