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Knoll Manufacturing lends its supplier $157,000 for 3 years at a 7% annual interest rate Interest payments are to be made twice a year. Each

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Knoll Manufacturing lends its supplier $157,000 for 3 years at a 7% annual interest rate Interest payments are to be made twice a year. Each interest payment will be for Multiple Choice $16,485. $32,970. $5,495 $10,990

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