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What is the amount of interest

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Question - On December 1, 2020, the company borrowed $972,000 at 8% per year. Interest is paid quarterly. What is the amount of interest?

Reference no: EM132708600

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What is the amount of interest : On December 1, 2020, the company borrowed $972,000 at 8% per year. Interest is paid quarterly. What is the amount of interest
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