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Requlred Information [The following information applies to the questions displayed below.] On January 1, 2020, Eagle Company borrows $29,000 cash by signing a four-year, 5%
Requlred Information [The following information applies to the questions displayed below.] On January 1, 2020, Eagle Company borrows $29,000 cash by signing a four-year, 5% installment note. The note requires four equal payments of $8,178, consisting of accrued interest and principal on December 31 of each year from 2020 through 2023. Prepare an amortization table for this installment note. Note: Round all amounts to the nearest whole doller
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