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Get Out of Town Vacations signed a 14%, 10-year note for $169,000. The company paid...

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Get Out of Town Vacations signed a 14%, 10-year note for $169,000. The company paid an installment of $2, 900 for the first month. What portion of the first monthly payment is interest expense? (Do not round any intermediate calculations, and round your fixed answer to the nearest dollar.) $37, 743 $928 $1, 972 $16, 983

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