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A company lends its supplier $152,000 for 3 years at a 8% annual interest rate. Interest payments are to be made twice a year. Each

A company lends its supplier $152,000 for 3 years at a 8% annual interest rate. Interest payments are to be made twice a year. Each interest payment will be for O $18.240 O $12160 O $36,480 $6,080

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