Question: Weighted average On January 1 , 2 0 x 2 , Nacho Mama's Cantina began construction on a new restaurant. Mama had the following debt

Weighted average
On January 1,20x2, Nacho Mama's Cantina began construction on a new restaurant. Mama had the following debt obligations outstanding all year:
\table[[Item,Amount,Interest rate],[Long-term loan,$600,000,7%
Weighted average On January 1 , 2 0 x 2 , Nacho

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