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Marigold Corp purchased a building on January 2 by signing a long-term $288000 mortgage with monthly payments of $2700. The mortgage carries an interest rate
Marigold Corp purchased a building on January 2 by signing a long-term $288000 mortgage with monthly payments of $2700. The mortgage carries an interest rate of 10 percent. The amount owed on the mortgage after the first payment will be $285300 $285600 $288000 $287700
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