Use the present value and future value tables included in Appendix 8 and on the textbook companion website.
-The method of bond amortization that results in a varying amount of amortization each period is the

Question

Use the present value and future value tables included in Appendix 8 and on the textbook companion website. 
-The method of bond amortization that results in a varying amount of amortization each period is the

Quizplus · Accepted Answer

Effective-interest amortization results in a varying amount of amortization each period because it uses the current carrying value of the bond and applies the interest rate to that amount, which changes as the bond gets closer to maturity. This method is considered more accurate than straight-line amortization, which results in equal amounts of amortization each period, regardless of the current carrying value of the bond. Accelerated amortization is not a recognized method of bond amortization.

Use the Present Value and Future Value Tables Included in Appendix