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On the first day of the fiscal veac, a company issues $63,000,12%, five-year instaliment notes that have annual payments of $17,477. The first note payment
On the first day of the fiscal veac, a company issues $63,000,12%, five-year instaliment notes that have annual payments of $17,477. The first note payment consists of $7,560 of interest and $9,917 of principal repoyment
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