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Current Attempt in Progress Carla Vista Ltd. issued an instalment note on January 1, 2023 (with a required yield of 12%) in exchange for
Current Attempt in Progress Carla Vista Ltd. issued an instalment note on January 1, 2023 (with a required yield of 12%) in exchange for land that it purchased from Safayeni Ltd. Safayeni's real estate agent had listed the land on the market for $113,200. The note calls for three equal blended payments of $42,967 that are to be made at December 31, 2023, 2024, and 2025. Click here to view the factor table PRESENT VALUE OF 1 Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1 Prepare an effective interest amortization table for the instalment note for the three-year period. (Round answers to O decimal places, e.g. 5,275. Do not leave any answer field blank. Enter O for amounts.) Effective Interest Amortization Table Effective Interest Method Year Note Payment Interest 1/1/23 12/31/23 12/31/24 12/31/25 Reduction of Principal 82 Ca
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