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. On September 1, 2017, a bank lends $10,000 to a company. The loan carries a 6 percent annual interest rate, and the principal and
.On September 1, 2017, a bank lends $10,000 to a company. The loan carries a 6 percent annual interest rate, and the principal and interest are due in a lump sum on August 31, 2018. Answer from the bank's standpoint.
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