Answer:
$2,387.66
Explanation:
For computing the carrying value, first we have to determine the interest which is shown below:
Interest = Issues amount × rate of months × (number of months ÷ total number of months in a year)
= $200,000 × 5% × (1 month ÷ 12 months)
= $833.33
And, the monthly payment is $3,220.99
Now the decrease in carrying value would be
= Monthly payment - interest
= $3,220.99 - $833.33
= $2,387.66
