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A corporation issues a $250,000,8%,30-year mortgage note. The terms provide for annual installment payments of $22,207. What is the remaining unpaid principal balance of the

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A corporation issues a $250,000,8%,30-year mortgage note. The terms provide for annual installment payments of $22,207. What is the remaining unpaid principal balance of the mortgage payable account after the first annual payment? $245,194 $247,793 $248,166 $248,510 $245,410

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