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Big Jim Outerwear borrowed $10,000 at the beginning of quarter two and it is now the end of the year . The annual interest rate

Big Jim Outerwear borrowed \$10,000 at the beginning of quarter two and it is now the end of the year . The annual interest rate is 8 % and they have not paid any interest or repayments previously . How much interest do they ? Select one : a. 600 b. 400 c. 800 d. $200

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