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ABC Company took out a $5,000 loan on December 1st, with an annual interest rate of 3%. How much interest will they owe on December

ABC Company took out a $5,000 loan on December 1st, with an annual interest rate of 3%. How much interest will they owe on December 31st? ABC Company took out a $5,000 loan on December 1st, with an annual interest rate of 3%. How much interest will they owe on December 31st? $5,000 $150 $12.50 $5,012.50

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