Answer:
$675
Explanation:
Given that,
Bonds face value = $2730000
Sell price = $2649000
Period = 10 years
Recall that
Monthly amortization amount = [(Bond face val. - sell. Pr.) ÷ 10] ÷ 12
Therefore
= [($2730000 - $2649000) ÷ 10] ÷ 12
= (81000 ÷ 10 ) ÷ 12
= 8100 ÷ 12
= $675