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Bruce Inc. borrowed a 3%, $500,000 loan on 6/1/22. The note requires interest and principal to be paid all in one year. What amount of
Bruce Inc. borrowed a 3%, $500,000 loan on 6/1/22. The note requires interest and principal to be paid all in one year. What amount of total cash would be paid from Bruce Inc on 6/1/23? O $508,750 $448,350 O$515,000 O$8,750
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