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Question o 2010 the Builder Company began construction activity on a warehouse. On that date the Bullder Company mpany obtained on loan of $850.000 with

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Question o 2010 the Builder Company began construction activity on a warehouse. On that date the Bullder Company mpany obtained on loan of $850.000 with a 4 annual Interest rate. Principal and interest on the loan are due on July 31, 2020. The omeleted on May 31, 2020. The work on the warehouse was uninterrupted during this period, w The Builder Company's other outstanding debt during all of 2019 consisted of the following two long-term rbtes. Interest on the net! are due annually on December 31" with the next interest payment for each note due on December 31, 2019. Interest Rate Principal $4,000,000 $1,000,000 10% The Builder Company's weighted average accumulated expenditures were $950,000 for 2019. Calculate the Builder Company's avoidable interest for 2019. Round all interest rates to the nearest tenth of a percent, e. 9.6% or 096 (as a decimal). MacBook Pro

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