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A company lends its supplier $168,000 for 3 years at a 6% annual interest rate. Interest payments are to be made twice a year. Each

A company lends its supplier $168,000 for 3 years at a 6% annual interest rate. Interest payments are to be made twice a year. Each interest payment will be for:

$15,120.

$30,240.

$5,040.

$10,080.

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