Business
Business, 11.01.2020 01:31, lyne29

Acompany issues a $200,000, 5%, six-year note on january 1, 2021. if the monthly payment is $3,220.99, by how much will the carrying value decrease when the first month’s payment is made on january 31, 2021?

multiple choice

$833.33

$4,054.32

$3,220.99

$2,387.66

answer
Answers: 1

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Acompany issues a $200,000, 5%, six-year note on january 1, 2021. if the monthly payment is $3,220.9...

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