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A company borrowed $ 2 0 0 , 0 0 0 by signing a 6 - month promissory note at 8 . 9 % for

A company borrowed $200,000 by signing a 6-month promissory note at 8.9% for the period. What is the amount of interest that must be pald at maturity?
$2,975.20
$16,066.08
$1,487.60
$8,925.60
$17,851.19
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