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Required information Problem 9.1A Record and analyze instaliment notes (LO9-2) (The following information applies to the questions dipployed below) On Jantany 1. 2021, Gundy Enterprises
Required information Problem 9.1A Record and analyze instaliment notes (LO9-2) (The following information applies to the questions dipployed below) On Jantany 1. 2021, Gundy Enterprises purchases an otfice buiding for $360.000, pyying $60.000 down and boirawing the remaining $300000, signing 37%. 10 yeat mortgape. Installment puyments of 53.483.25 are due at the end of eact month, with the first payment due on Jamary 31.2021 Problem 9-1A Part 4 4. Total payments over the 10 years are $417,990(33,48325120 monthly payments) How much of thes is interest eenense and how much is actual payment of the loan
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