Question: If a long-term notes payable for $45,000 is signed, with an interest rate of 5%, to be paid in equal annual principal payments over 6

If a long-term notes payable for $45,000 is signed, with an

If a long-term notes payable for $45,000 is signed, with an interest rate of 5%, to be paid in equal annual principal payments over 6 years, what is the principal payment? $8,865.79$10,682.84$8,000$7,500

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