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  • 25-11-2022
  • Business
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on january 1, year 1, platte corporation issues a 5-year note payable for $5,000. the interest rate is 5% and the annual payment of $1,156, due each december 31, includes both interest and principal. which of the following correctly shows the effects of the december 31, year 2 payment (rounded to the nearest whole dollar)

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