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On January 1, 2019. Eagle Corporation borrowed $175,000 by signing a 5 year.6% installment note. The note requires five equal payments consisting of both interest
On January 1, 2019. Eagle Corporation borrowed $175,000 by signing a 5 year.6% installment note. The note requires five equal payments consisting of both interest and principal on December 31 of each year from 2019 through 2023. The amount of each installment payment is closest to: Use the link to access the time value of money tables: https:/drive.google.com/file/d/1KDB2/201EvmiAzjat71169_Sodyb/view?usp=sharinge $35,000 $31,044 $41.544 $32.962 $38,212
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