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please show all your work neatley 1. A COMPANY SIGNED A 14%, 10-YEAR INSTALLMENT NOTE FOR $480,000. MONTHLY INSTALLMENTS ARE $7,800 EACH. AFTER THE FIRST

image text in transcribedplease show all your work neatley
1. A COMPANY SIGNED A 14%, 10-YEAR INSTALLMENT NOTE FOR $480,000. MONTHLY INSTALLMENTS ARE $7,800 EACH. AFTER THE FIRST INSTALLMENT PAYMENT, WHAT IS THE PRINCIPAL BALANCE

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