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abardeen corporation borrowed 102,000 from the bank october 1, year 1. the note had a 4% annual rate and matured march 31, year 2. interest
abardeen corporation borrowed 102,000 from the bank october 1, year 1. the note had a 4% annual rate and matured march 31, year 2. interest and principal were paid in cash on the maturity date.
what anount of cash did abardeen pay for interest in year 1
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