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Trek Holidays Company signed a 6%, 10-year note for $164,000. The company paid an installment of $2,000 for the first month. What portion of the
Trek Holidays Company signed a 6%, 10-year note for $164,000. The company paid an installment of $2,000 for the first month. What portion of the first monthly payment is principal? (Do not round any intermediate calculations and round your final answer to the nearest dollar) $15, 667 $1, 180 $3, 180 $6, 560
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