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D Question 31 4.5 pts On Jan 1, 2020, a company purchased land for $200,000 by signing a 10-year, 8% installment note. The company will

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D Question 31 4.5 pts On Jan 1, 2020, a company purchased land for $200,000 by signing a 10-year, 8% installment note. The company will make monthly payments of $2,426.55 at the end of each month, Total monthly payments on the note are $291,186 (120 payments X $2,426.55). How much will the company pay for interest over the term of the note? Previous Next

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