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On February 1, ABC Co. took out a short-term loan of $80,000from a bank. Terms of the loan specify that the annual interestrate is 6%,
On February 1, ABC Co. took out a short-term loan of $80,000from a bank. Terms of the loan specify that the annual interestrate is 6%, and both principal and interest are due in six monthson August 1 answer
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