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Multiple Choice Question 238 Crane Company purchased a building on January 2 by signing a long-term $4104000 mortgage with monthly payments of $37600. The mortgage

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Multiple Choice Question 238 Crane Company purchased a building on January 2 by signing a long-term $4104000 mortgage with monthly payments of $37600. The mortgage carries an interest rate of 10 percent. The amount owed on the mortgage after the first payment will be O $4066400. O $4100600. O $4104000. O $4069800

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