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Currie Company borrowed $26,000 from the Sierra Bank by issuing a 11 % three-year note. Currie agreed to repay the princlpal and Interest by making

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Currie Company borrowed $26,000 from the Sierra Bank by issuing a 11 % three-year note. Currie agreed to repay the princlpal and Interest by making annual payments in the amount of $5,621. Based on this Information, the amount of the Interest expense assoclated with the second payment would be: Round your answer to the nearest dollar) O $1,971. O $5,621. o $2,556. O $2.860

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