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Your Company borrowed $20,000 on April 1, 2019. The interest rate is 6%. Your Company will repay the principal and ALL the interest at the

Your Company borrowed $20,000 on April 1, 2019. The interest rate is 6%. Your Company will repay the principal and ALL the interest at the end of 12 months on March 30, 2020. How much interest must be recorded for 2019? $ 100 $ 300 $ 900 $ 600 $1,200

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