Condi Corporation sells $150,000,5%,10-year bonds for 95 on January 1,2016.Interest is paid on January 1 and July 1.Straight-line amortization is used.The amount of interest paid on July 1,2016 is:

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The Answer of Condi Corporation sells $150,000,5%,10-year bonds for 95 on January 1,2016.Interest is paid on January 1 and July 1.Straight-line amortization is used.The amount of interest paid on July 1,2016 is:

Condi Corporation Sells $150,000,5%,10-Year Bonds for 95 on January 1,2016