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March 1 and September 1. What is the amount of the effective interest expense on September 1 , 2019 when the first interest payment is

March 1 and September 1. What is the amount of the effective interest expense on September 1 , 2019 when the first interest payment is made? A. $12.515 3. $12.000 c. Some oither number. D. $14,000

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