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Question 17 3.33 pts On January 1, 2019. Gypsum Ginger Company borrows $150,000 cash from First Internet Bank by signing a four year installment note
Question 17 3.33 pts On January 1, 2019. Gypsum Ginger Company borrows $150,000 cash from First Internet Bank by signing a four year installment note bearing 5% interest. The note requires equal payments of $42, 301 each year on December 31 The amount of interest paid to First Internet bank on December 31, 2020 is closest to? $15.000 $3933 $2.014 57.500 $5.760
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