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Slack Inc, borrowed $400,000 on April 1. The note requires interest at 16% and principal to be paid in one year. How much interest is

Slack Inc, borrowed $400,000 on April 1. The note requires interest at 16% and principal to be paid in one year. How much interest is recognized for the period from April 1 to December 31? a $32,000 b. $0 c. $48,000 d. $36,000

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