Question: Multiple Choice Question On January 1, 2018, Burrows, Inc. received $16,834 and agreed to pay off the note and interest owed on January 1, 2020.

Multiple Choice Question On January 1, 2018, Burrows, Inc. received $16,834 and agreed to pay off the note and interest owed on January 1, 2020. The market rate of interest is so compounded annually. The payment made on January 1, 2020 equals a_credit to Cash. (round to the nearest $1) $20,000 $10,000 $17,591 O $16,834

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