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Sved Help Seve &Exit Submi Currie Company borrowed $20,000 from the Sierra Bank by issuing a 11% three-year note Currie agreed to repay the principal

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Sved Help Seve &Exit Submi Currie Company borrowed $20,000 from the Sierra Bank by issuing a 11% three-year note Currie agreed to repay the principal and interest by making annual payments in the amount of $5,021. Based on this information, the amount of the interest expense associated with the second payment would be: (Round your answer to the nearest dollar.) 34 0133 00 Multiple Choice $2.200. $1,890. $1,371. $5,021.

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