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Epsitron borrowed $100,000 on May 1, 2011. Interest payments are made semiannually on May 1 and November 1, and the annual interest rate is 6%.

Epsitron borrowed $100,000 on May 1, 2011. Interest payments are made semiannually on May 1 and November 1, and the annual interest rate is 6%. The company will debit Interest Expense on May 1, 2012 in the amount of:: Select a Choice Below current question choices OptionA $0 OptionB $500 OptionC $1,500 OptionD $3,000

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