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Business, 18.11.2020 17:30 lakiprincess

Vondior Company borrowed $25,000 cash on January 1st, 2015. The loan is a 5-year note at 8% interest. Vondior Company must repay the loan in 5 equal payments of $6,261.41. How much total interest will Vondior recognize during the 5-year period?

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Vondior Company borrowed $25,000 cash on January 1st, 2015. The loan is a 5-year note at 8% interest...
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