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Blue Box Inc. issues a $250,000, 9%, 30-year mortgage note. The terms provide for annual installment payments of $24,334. What is the remaining unpaid principal

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Blue Box Inc. issues a $250,000, 9%, 30-year mortgage note. The terms provide for annual installment payments of $24,334. What is the remaining unpaid principal balance of the mortgage payable account after the first annual payment? $248,166 $246,167 $247,967 $249,121 $247,594

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