Tue Nov 17 9:28:43 PM roctorio.com cursdattockdown Enabled: Ch 10 Graded Quiz Help Save & Exit Sub TB TF Qu. 10-126 Davis Corporation borrowed... Davis Corporation borrowed $50,000 on January 1 Year 1. The loan is for a 10-year period and has an annual interest rate of 9%. At the end of each year, Davis will make a payment of $7,791, which includes both principal and interest. The amount of the payment for Year 1 that is repayment of principals $3,587 True or False True False Prey 1 of 15 Next >