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1155.A company issues a $200,000, 5%, six-year note on January 1, 2021. If the monthly payment is $3,220.99, what is the notes carrying value after

1155.A company issues a $200,000, 5%, six-year note on January 1, 2021. If the monthly payment is $3,220.99, what is the notes carrying value after the first months payment is made on January 31, 2021?

Multiple Choice

  • A.$199,166.67

  • B.$196,779.01

  • C.$197,612.34

  • D.$200,000.00

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