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a. 20 b. 10 c. 32 d. 80 10% 5% 4% 2.5% Page < 5 > of 1 Part II: A Note Payable Problem

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a. 20 b. 10 c. 32 d. 80 10% 5% 4% 2.5% Page < 5 > of 1 Part II: A Note Payable Problem You have part of an amortization table for a note payable. The note payable originated on January 1, 2020. Annual payments are required. Date 1-1-20 Annual Payment Interest Expense Decrease in Note Payable Book Value $39,927 12-31-20 $10,000 $3,194 $6,806 $33,121 12-31-21 $10,000 $2,650 $7,350 $25,771 Please show your calculations. What is the interest rate on this note payable? State this on an #3 Part III: Bonds Payable E $4 55 % 5 R T arnnual basis. 916 D F G C > Y 27 H H U * 00 8 + < B N 21 9 P K L V > M H command

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