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The company took out a construction-specific loan. The loan was a $75,000, 10-year note with 8% interest. They also had existing debt. The existing debt

The company took out a construction-specific loan. The loan was a $75,000, 10-year note with 8% interest. They also had existing debt. The existing debt is a $250,000, 20-year bond with 4% interest. Compute the actual interest

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