Multiple Choice
Which of the changes listed has no effect on the equilibrium for the following reversible reaction? 2 NO(g) + 2 CO(g) ![Which of the changes listed has no effect on the equilibrium for the following reversible reaction? 2 NO(g) + 2 CO(g) N₂(g) + 2 CO₂(g) + heat A) increase [NO] B) increase [CO₂] C) increase temperature D) increase volume E) add a catalyst](https://d2lvgg3v3hfg70.cloudfront.net/TB3370/11eab151_65bd_6648_896a_935911883047_TB3370_11.jpg)
N₂(g) + 2 CO₂(g) + heat
Understand and apply the effective interest rate method for amortizing bond discount or premium.
Record journal entries related to interest expense and amortization of bonds.
Calculate interest expense using the effective interest rate.
Distinguish between the contract interest rate and the market (effective) interest rate.
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