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Process to get the correct answer? Question 20 0/3.03 pts Vondior Company borrowed $25,000 cash on January 1st, 2015. The loan is a 5- year

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Question 20 0/3.03 pts Vondior Company borrowed $25,000 cash on January 1st, 2015. The loan is a 5- year note at 8% interest. Vondior Company must repay the loan in 5 equal payments of $6,261.41. How much total interest will Vondior recognize during the 5-year period? 0 $25,000 $31,307 ered $10,000 0 $21,307 swer $6,307

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