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40 On February 1, 2024, a company lenas cash and accepts a $3,000 note recevable that offers 6% interest and is due in six months.

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On February 1, 2024, a company lenas cash and accepts a $3,000 note recevable that offers 6% interest and is due in six months. How much interest revenue will the company report during 2024 (Do not round intermediate colculations.) Multiple Choice $90 $1,080 $180 575

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