Get Away Vacations signed a 14%,10-year note for $157,000.The company paid an installment of $2100 for the first month.What portion of the first monthly payment is interest expense? (Do not round any intermediate calculations,and round your final answer to the nearest dollar.)
A) $268
B) $35,063
C) $15,183
D) $1832
Correct Answer:
Verified
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