[The following information applies to the questions displayed below.]On January 1, Year 1, Mahoney Company borrowed $324,000 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 $81,150.What is the amount of principal repayment included in the payment made on December 31, Year 1?
A. $81,150
B. $55,230
C. $25,920
D. $74,658
Answer: B
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Which of the following is true of Japanese creative advertising strategies according to Tamotsu Kishii?
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Indicate whether the statement is true or false
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