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Miss sun tzi obtained a level principal and interest on the

Miss Sun Tzi obtained a level principal and interest on the balance loan of $7,541,000. The nominal rate of interest is .09% with a term of 5 years and payments scheduled at the end of each day. Compute the interest expense associated with the 11th period.

A. 184.92

B. 186.92

C. 188.92

D. 190.92

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Business Management: Miss sun tzi obtained a level principal and interest on the

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