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Melon Inc. currently owes $6,000 to a bank for a loan it took 5 years and 7 months ago The loan has an interest rate

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Melon Inc. currently owes $6,000 to a bank for a loan it took 5 years and 7 months ago The loan has an interest rate of 4.50% compounded monthly. a. What was the principal amount of the loan? O $6,000.00 $4,686.67 O $4,651.72 $4,669.16 b. What was the interest amount charged? $1,330.84 O $4,669.16 O $1,313.33 O $1,348.28

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