Question: For a five-year installment note signed on January 1, 2021, at which of the following dates would the carrying value be the lowest? Multiple Choice

For a five-year installment note signed on January 1, 2021, at which of the following dates would the carrying value be the lowest?

Multiple Choice
  • August 1, 2021
  • April 30, 2024
  • November 30, 2023
  • December 31, 2022

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