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On January 1, 2019. Eagle Company borrows $26,000 cash by signing a four-year, 8% installment note. The note requires four equal payments of $7,850, consisting

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On January 1, 2019. Eagle Company borrows $26,000 cash by signing a four-year, 8% installment note. The note requires four equal payments of $7,850, consisting of accrued interest and principal on December 31 of each year from 2019 through 2022 Prepare an amortization table for this installment note. (Round all amounts to the nearest whole dollar.) Payments (8) Debit interest Debit Notes Expense Payable (A) Beginning Balance Period Ending Date 2019 (D) Credit Cash (E) Ending Balance 2020 2021 2022 Total $ 0 $ 0 Hao made a single investment which, after 5 years invested at 14% compounded semiannually, has accumulated to $229,900. How much did Hao invest initially? (PV of $1. FV of $1. PVA of S1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $116,858 $225,925 $229,89% $35.052 7 Morgan Company issues 8%, 20 year bonds with a par value of $710,000 that pay interest semiannually. The amount paid to the bondholders for each semiannual interest payment is. 02.04 Multiple Choice O $24850 $355.000 $28.400 O S49700

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