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yearly installment will include both principal repayment of $ 4 , 0 0 0 . 0 0 and interest payment for the preceding one -

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yearly installment will include both principal repayment of $4,000.00 and interest payment for the preceding one-year period. On March 1,2026,q,. The accounting period ends on December 31.
A. Everson must pay $1,680.00 of interest to the note holder
B. Everson must acerue $4,000,00 of Interest Expense
C. Everson must accrue the next note payment of $4,000.00 as the current portion of principal payment
D. Everson will receive $4,000.00 as an installment payment
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