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Find what is the interest expense for company

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Problem 1: Company borrows $10,000 from bank on November 1, 2019. The interest rate is 6% annually. What is the interest expense in 2019? Provide the calculations.

Reference no: EM132774676

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Find what is the interest expense for company : Company borrows $10,000 from bank on November 1, 2019. The interest rate is 6% annually. What is the interest expense in 2019? Provide the calculations.
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