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SAT, 26.11.2021 05:10 mervesena01

On january 1 2017, george company purchased a new building. George paid $25,000 as a down payment and issued a long-term note to finance the balance. The note, which carries an interest rate of 4%, requires george to make annual payments of $55,000 for six years, with the first payment due on december 31, 2017.

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