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Question 11 options: Lakeshore Inc. borrowed $35000 from its bank on August 1, at 6% interest, for 4 months. How much interest will the company

Question 11 options: Lakeshore Inc. borrowed $35000 from its bank on August 1, at 6% interest, for 4 months.

How much interest will the company pay over the entire term of this loan?

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