On March 1, 2018, Mandy Services issued a 5% long term notes payable for $18,000. It is payable over a 3 year term in $6,000 principal installments on March 1 of each year, beginning March 1, 2019. Each yearly installment will include both principal repayment of $6,000 and interest payment for the preceding one year period. What is the amount of total cash payment that Mandy will make on March 1, 2019? A. 6450B. 18000C. 6000D. 6900
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