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-On January 1, 2009, Foresite Corporation Issued a 10-Year, 9

Question 13

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-On January 1, 2009, Foresite Corporation issued a 10-year, 9%, $100,000 installment note payable. The payment on this note is $15,582 and is paid annually at year-end beginning December 31, 2009. How much total interest is paid over the loan period?
-On January 1, 2009, Foresite Corporation issued a 10-year, 9%, $100,000 installment note payable. The payment on this note is $15,582 and is paid annually at year-end beginning December 31, 2009. How much total interest is paid over the loan period?

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$15,582 x ...

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