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Business, 29.10.2019 04:31 jhanes1983

An installment note payable for a principal amount of $94,000 at 6% interest requires lawson company to repay the principal and interest in equal annual payments of $22,315 beginning december 31, of the first year, for each of the next five years. after the final payment, the carrying amount on the note will be a.$22,315 b.$21,053 c.$1 d.$1,263

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