Question: March 01 Purchased computer for $4,000 with $1,000 down and a 3-month, 12% note for $3,000. The computer is expected to last for 3 years

March 01 Purchased computer for $4,000 with $1,000 down and a 3-month, 12% note for $3,000. The computer is expected to last for 3 years and have a residual value of $400. March 10 Paid the rest of la...

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