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Crane Company purchased a building on January 2 by signing a long-term $576000 mortgage with monthly payments of $5450. The mortgage carries an interest rate

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Crane Company purchased a building on January 2 by signing a long-term $576000 mortgage with monthly payments of $5450. The mortgage carries an interest rate of 10 percent. The amount owed on the mortgage after the first payment will be O $571200. O $576000. O $570550. O $575350

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