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Magnolia Corp. granted a loan to a borrower on January 1, 2023.The interest on the loan is 12% payable annually starting December31, 2023. The loan

Magnolia Corp. granted a loan to a borrower on January 1, 2023.The interest on the loan is 12% payable annually starting December31, 2023. The loan matures in three years on December 31, 2025.Data 2 answers

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