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On January 1 of the current year, Eagle Company borrows $ 1 0 0 , 0 0 0 cash by signing a four - year,
On January of the current year, Eagle Company borrows $ cash by signing a
fouryear, installment note. The note requires four equal payments of $
consisting of accrued interest and principal on December of each of the four years.
Required:
Prepare an amortization table for this installment note.
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