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On July 1 , Shady Creek Resort borrowed $ 2 5 0 , 0 0 0 cash by signing a 1 0 - year, 6
On July Shady Creek Resort borrowed $ cash by signing a year, installment note requiring equal payments each month of $ What amount of interest expense will be included in the first payment?
A $
B $
C $
D $
E $
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