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20 of 20 View Policies Current Attempt in Progress -/11 Sunland Company purchased a building on January 2 by signing a long-term $408000 mortgage with

20 of 20 View Policies Current Attempt in Progress -/11 Sunland Company purchased a building on January 2 by signing a long-term $408000 mortgage with monthly payments of $3950. The mortgage carries an interest rate of 10 percent. The amount owed on the mortgage after the first payment will be O $404050 $408000, O $404600. O $407450 Save for Later Attempts: 0 of 1 used Submit

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