Question: For a five-year installment note signed on January 1, 2016, at which of the following dates would the carrying value be the highest? a. August

For a five-year installment note signed on January 1, 2016, at which of the following dates would the carrying value be the highest?

a. August 1, 2016

b. November 30, 2019

c. April 30, 2020

d. December 31, 2018

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