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Finance Co lent S4 million to Corbin Construction on January 1, 2024, to construct a playground. Corbin signed a three-year, 5% installment note to be

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Finance Co lent S4 million to Corbin Construction on January 1, 2024, to construct a playground. Corbin signed a three-year, 5% installment note to be paid in three equal payments at the end of each year. A. Using the present value tables, calculate the yearly interest payment

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