The total debt payment is $1,600, the remaining principal balance before the next payment was $48,400, and
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The total debt payment is $1,600, the remaining principal balance before the next payment was $48,400, and the principal amount of this payment is $1,200. What would the remaining principal balance be after the payment?
Related Book For
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
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