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A corporation issues a $1,000,000, 10%, 20-year mortgage note. The terms provide for semiannual installment payments of $58,278. What is the remaining unpaid principal balance
A corporation issues a $1,000,000, 10%, 20-year mortgage note. The terms provide for semiannual installment payments of $58,278. What is the remaining unpaid principal balance of the mortgage payable account after the first semiannual payment? $991,722 $992,023 $983,314 $983,030 $941,722
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