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Green Industries purchased a machine from Cyan Corporation on October 1,2016. In payment for the $144,000 purchase, Green issued a one-year installment note to be

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Green Industries purchased a machine from Cyan Corporation on October 1,2016. In payment for the $144,000 purchase, Green issued a one-year installment note to be paid in equal monthly payments at the end of each month. The payments include interest at the rate of 12% Monthly installment payments are closest to: n: 12 iy-1 8

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