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Jsing the effective-interest method, what is the total cash payment for interest for each 12-month period? (All amounts rounded to the nearest dollar.) A. $24,000

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Jsing the effective-interest method, what is the total cash payment for interest for each 12-month period? (All amounts rounded to the nearest dollar.) A. $24,000 B. $42,000 C. $44,774 D. $48,000

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