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Debra Matthews purchased a $10824 bond on its issue date of September 1, year 1. The bond pays interest at 3% compounded annually. Debra will

Debra Matthews purchased a $10824 bond on its issue date of September 1, year 1. The bond pays interest at 3% compounded annually. Debra will receive interest when the bond matures on August 31, Year 3. What is the amount of interest to be included in her income in Year 1?

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