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This question was created from Quiz 1 ACCT II UMUC.docx

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This question was created from Quiz 1 ACCT II UMUC.docx https://www.coursehero.com/file/37267059/Quiz-1-ACCT-II-UMUCdocx/

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Annapolis Company purchased a $5,000, 6%, 8-year bond at 97 and held it to maturity.
The straight line method of amortization is used for both premiums 8: discounts. 1What is
the net cash received over the life of the bond investment? (all money received minus all
money.r paid, round to nearest whole dollar}
 
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