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On January 1, 2024. Wildhorse Corp. borrows $20,400 by signing a 3-year, 9% note payable. The note is repayable in three annual fixed principal payments

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On January 1, 2024. Wildhorse Corp. borrows $20,400 by signing a 3-year, 9% note payable. The note is repayable in three annual fixed principal payments on December 31 of each year. (a) Calculate the annual principal payment. Annual principal payment \$ (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score /3 (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score /5 (d) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score /2

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