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A company loaned one of it's big customers $ 5 5 . 0 0 0 on August 1 , 2 0 2 4 . The

A company loaned one of it's big customers $55.000 on August 1,2024. The loan is for 12 months at 6.5%. At December 31,2024, the company is preparing financial statements and needs to accrue the interest earned. What is the amount that should be accrued at December 31,2024?
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