___________________ ___________ controls restrict access to data, programs and documentation.
Fill in the blank(s) with correct word
Question 2
On January 1, 2011, Climax Corporation signed a 10,000,000, 6, 10-year mortgage note to finance the construction of its new hotel in Cancun. The note will be repaid in 10 equal annual installments of 1,358,679.
The first payment was made on December 31, 2011. How much of the first mortgage payment was interest? Round your answer to the nearest dollar.
A) 1,000,000
B) 81,521
C) 1,358,679
D) 600,000
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