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Metlock, Inc. issues a $530,000, 10%, 10-year mortgage note on December 31, 2017, to obtain financing for a new building. The terms provide for annual

Metlock, Inc. issues a $530,000, 10%, 10-year mortgage note on December 31, 2017, to obtain financing for a new building. The terms provide for annual installment payments of $86,255

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