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Trek Company signed a 9%, 10-year note for $151,000. The company paid $2700 as the instalment for the first month. What portion of the first
Trek Company signed a 9%, 10-year note for $151,000. The company paid $2700 as the instalment for the first month. What portion of the first monthly payment is principal? (Round to the nearest dollar.) Select one: O a. $15,283 b. $1567 O c. $1510 O d. $4267
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