Camp elim obtains a $125,000, 6%, five-year loan for a new camp bus on january 1, 2018. if the monthly payment is $2,416.60, by how much will the carrying value decrease when the first payment is made on january 31, 2018?
select one:
a. $2,416.60
b. $1,791.60
c. $625.00
d. $1,000.60
Answers: 3
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Camp elim obtains a $125,000, 6%, five-year loan for a new camp bus on january 1, 2018. if the month...
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