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A corporation issues a $250,000, 9%, 30-year mortgage note. The terms provide for annual installment payments of $24,334. What is the remaining unpaid principal balance

A corporation issues a $250,000, 9%, 30-year mortgage note. The terms provide for annual installment payments of $24,334. What is the remaining unpaid principal balance of the mortgage payable account after the second annual payment? O $247,594 $249,121 $246,167 $248,166 $247,967

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