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Adventure Travel signed a 9%, 10year note for $164,000. The company paid an installment of $2,500 for the first month. After the first payment, what
Adventure Travel signed a 9%, 10year note for $164,000. The company paid an installment of $2,500
for the first month. After the first payment, what is the principal balance?
A. ) $ 166500
B. ) $162730
C. ) $161500
D. ) 1627700
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