Question: Help Save & Exit On January 1 Year 1. Mahoney Company borrowed 5173,000 cash from Sun Bank by issuing a 5-year, 8% term note. The

Help Save & Exit On January 1 Year 1. Mahoney Company borrowed 5173,000 cash from Sun Bank by issuing a 5-year, 8% term note. The principal and Interest are repaid by making annual payments beginning on December 31, Year 1. The annual payment on the loan equals $43.329 What is the amount of principal repayment included in the payment made on December 31, Year 1? Multiple Choice GT $13,840 $29.489 $37,582 Prey 2 of 32 Next > a search 31 Saved wnat is the amount or principai repayment includea in the payment ma Multiple Choice $13.840 $29489 $37.582 $40,850 2 of 32 Search o a

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