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Colossal Sandwich Shop takes out a $ 1 0 0 , 0 0 0 loan from the bank that has to be paid back within

Colossal Sandwich Shop takes out a $100,000 loan from the bank that has to be paid back within five years. The bank charges Colossal
Sandwich Shop 5% of the principal for use of its money. In this case, the charge of 5% represents
Multiple Choice
a trade credit.
the dividend on the loan.
a discount on the loan.
the interest on the loan.
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