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Use the Following Information to Answer the Question(s)below

Question 29

Multiple Choice

Use the following information to answer the question(s) below:
Ideko's Planned Debt Use the following information to answer the question(s) below: Ideko's Planned Debt -If Ideko's loans will have an interest rate of 6.8%,then the interest expense paid in 2008 is closest to: A) $6800 B) $7310 C) $7820 D) $7990
-If Ideko's loans will have an interest rate of 6.8%,then the interest expense paid in 2008 is closest to:


A) $6800
B) $7310
C) $7820
D) $7990

Correct Answer:

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