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Illustration: Porter Technology Inc. issues a $200,000, 8%, 6-year mortgage note on January 12020. The terms provide for semiannual installment payments of $21,310.4 (not including

Illustration: Porter Technology Inc. issues a $200,000, 8%, 6-year mortgage note on January 12020. The terms provide for semiannual installment payments of \$21,310.4 (not including real estate The installment payment schedule for the six years is as follows.

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