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On January 1, 2017, Eagle borrows $32,000 cash by signing a four-year, 9% $9,877, consisting of accrued interest and principal on December 31 of each

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On January 1, 2017, Eagle borrows $32,000 cash by signing a four-year, 9% $9,877, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. (Table B.1. Table B.2. Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) installment note. The note requires four equal payments of Prepare an amortization table for this installment note Period Ending Beginning Debit Interest Debit Notes Credit Ending Cash Expense Balance Date 2017 2018 2019 2020 Total Balance Payable

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