Cheyenne Corp borrowed 51080000 from National Bank on May 31, 2016. The 3-year, 7% note...

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Cheyenne Corp borrowed 51080000 from National Bank on May 31, 2016. The 3-year, 7% note required annual payments of $411536 beginning May 31, 2017. The total amount of interest to be paid over the life of the loan is $301688 5226800 $75600 $154608

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