Question: Question content area top Part 1 A company issues a 1 2 0 1 2 0 minus day , 1 0 1 0 % note

Question content area top
Part 1
A company issues a
120120minusday,
1010%
note for
$ 16 comma 000$16,000.
What is the principal amount of the note? (Round your answer to the nearest dollar.)

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