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Installment Term LoanOn December 31 James, inc borrowed $300.000 on a 6 percent,20-year mortgage not payable. The note is to be repaid in equalsemiannual installments

Installment Term LoanOn December 31 James, inc borrowed $300.000 on a 6 percent,20-year mortgage not payable. The note is to be repaid in equalsemiannual installments of $12,979 (beginning July 1). 2 answers

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