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Knoll Manufacturing lends its supplier $156,000 for 3 years at a 6% annual interest rate. Interest payments are to be made twice a year. Each

Knoll Manufacturing lends its supplier $156,000 for 3 years at a 6% annual interest rate. Interest payments are to be made twice a year. Each interest payment will be for: Multiple Choice 528,080. $9.360. $14,040

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