Company A has borrowed $1000 at a 10% interest rate with nocompounding of interest.. Repayment...

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Accounting

Company A has borrowed $1000 at a 10% interest rate with nocompounding of interest.. Repayment will occ ur at the end of two years. What is the amount of simple interest due on this loan? Question 44 options:

$200

$1,100

$1,200

$100

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