. On January 1, $70,000 cash is borrowed from a bank in return for a 7% installment...

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. On January 1, $70,000 cash is borrowed from a bank in return for a 7% installment note with 24 monthly payments of $3,134 each. Note: Round your answers to the nearest whole dollars. 1. Prepare th...

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. On January 1, $70,000 cash is borrowed from a bank in return for a 7% installment...

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