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Calculate the total interest and the interest recorded for 2021 on the following notes: Date borrowed Amount Interest Recorded i Interest rate Time period Total

Calculate the total interest and the interest recorded for 2021 on the following notes: Date borrowed Amount Interest Recorded i Interest rate Time period Total interest 2021 February 1, 2021 $ 80.000 9% 12 months May 1, 2021 $ 125.000 6% 8 months

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