Question: 0 On March 1, 2018 Mandy Services issued a long-term nos payable for $15.000. It is payable over a year term in 35.000 principal installments
0 On March 1, 2018 Mandy Services issued a long-term nos payable for $15.000. It is payable over a year term in 35.000 principal installments on March 1 of each year, beginning March 1, 2019. Each yeary Installment will include both principal repayment of $5.000 and interest payment for the preceding one year period. What is the amount of total cash payment that Mandy wil make on March 1, 2017 OA $5.450 OB. $5.000 OC 35.225 OD $15.000
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