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On january 1, zero company obtained a $52,000, 4-year, 6.5% installment note from regional bank. the note requires annual payments consisting of principal and interest of $15,179, beginning on december 31 of the current year. the december 31, year 1 carrying amount in the amortization table for this installment note will be equal to:

1 Answer

5 votes
It's either $14,252 or $27,635
User Victor Oliveira
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