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Jasmine made a $60,000 interest-free loan to her son, Farhad, who used the money to start a new business. Farhad's only sources of income were

Jasmine made a $60,000 interest-free loan to her son, Farhad, who used the money to start a new business. Farhad's only sources of income were $25,000 from th business and $490 of interest on his chec...

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