Question: Event 1 : Signed a note payable in January at the bank with the following terms: An annual principal amount of $ 8 0 ,

Event 1: Signed a note payable in January at the bank with the following terms:
An annual principal amount of $80,000 due each December 31 for 10 years
Annual interest payment due each December 31 for 10 years
6% interest rate
Account
Event 1 : Signed a note payable in January at the

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