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Question 17 (2.5 points) Use the following information for the FOUR questions. (1 of 4) On January 1, 2020, Carson Inc. borrows $20,000 cash from

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Question 17 (2.5 points) Use the following information for the FOUR questions. (1 of 4) On January 1, 2020, Carson Inc. borrows $20,000 cash from the bank to finance a delivery truck. They sign a 10% installment note. The note requires three annual installments due each December 31, beginning on December 31, 2020. (Round all answers to the nearest dollar if necessary.) Using the present value tables, the calculated annual payment amount is: O $3,940. $6,667. $2,000 $8,042

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