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Question 29 4 pts On January 1, Year 1, KASE borrowed $476,259 on a 5-year, 7.3% installment note payable. The terms of the note require

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Question 29 4 pts On January 1, Year 1, KASE borrowed $476,259 on a 5-year, 7.3% installment note payable. The terms of the note require KASE to pay 5 equal payments each December 31 for 5 years. The Cash balance at the end of December 31 Year 2 is: 109,124 O 124,990 O 242,080 210,823

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