Question: What is the answer to this question? submit A company issues a $200,000, 5%, six-year note on January 1, Year 1. If the monthly payment

What is the answer to this question?

submit A company issues a $200,000, 5%, six-year note on January 1, Year 1. If the monthly payment is $3,220.99, by how much will the carrying value decrease when the first month's payment is made on January 31, Year 1? Multiple Choice $4,054.32 $2,387.66 $833.33 Q Search 0 7 0 0 10 hp

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