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4. help Adventure Travel signed a 12%, 10-year note for $152,000. The company paid an installment of $2,900 for the first month. After the first
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Adventure Travel signed a 12%, 10-year note for $152,000. The company paid an installment of $2,900 for the first month. After the first payment what is the principal balance? Do intermediate calculations, and round your final answer to the nearest dollar) OA. $149,100 OB. $154,900 OC. $150,480 D. $150,620 Step by Step Solution
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Textbook Of Financial Accounting And Analysis
Authors: Gaurav Agrawal
1st Edition
9350840901, 9789350840900
