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

$ 0

Explanation:

YearOpening balanceInterestRepaymentClosing balance

1              94000           5640    22315            77325

2              77325           4640    22315            59650

3              59650            3579    22315            40913

4              40913             2455    22315             21053

5               21053            1262     22315                0

hence, after final payment the carrying amount is $ 0

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.