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Celebrate Holidays Company signed a 9%, 10-year note for $161,000. The company paid an installment of $2,400 for the first month. What portion of the

Celebrate Holidays Company signed a 9%, 10-year note for $161,000. The company paid an installment of $2,400 for the first month. What portion of the first monthly payment is principal? (Do not round any intermediate calculations, and round your final answer to the nearest dollar) OA. $1,610 OB. $15,817 OC. $1,192 COD. $3,592image text in transcribed

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