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Camp Tadmor obtains a $ 1 2 5 , 0 0 0 , 6 % , five - year loan for a new camp bus

Camp Tadmor obtains a $125,000,6%, five-year loan for a new camp bus on January 1,2024. If the monthly payment is $2,416.60, by how much will the carrying value decrease when the first payment is made on January 31,2024?

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