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On January 1, 2024, Paradise Tours borrows $39,000 by agreeing to a 6%, four-year note...

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Accounting

On January 1, 2024, Paradise Tours borrows $39,000 by agreeing to a 6%, four-year note with the bank. Loan payments of $915.92 are due at the end of each month with the first installment due on January 31, 2024.

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