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To finance its operations, Magic Delivery Corporation, a food delivery company, has contracted a borrowing of $850,000 from BNP Bank on February 1st, 2020. The

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To finance its operations, Magic Delivery Corporation, a food delivery company, has contracted a borrowing of $850,000 from BNP Bank on February 1st, 2020. The principal amount is due on January 31st, 2030. Yearly interests of 1.8% are paid semiannually on July 31st and January 31st. 1. How much is Magic Delivery Corporation's ending balance of interest payable at December 31st, 2020? 2. How much is Magic Delivery Corporation's interest expense for 2021? Please use the following format of the number to provide the answer, for example $4,536

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