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On 1 April 2018 Josh received a $50,000 loan at interest of 2% per year from his employer. The loan was used to purchase his

On 1 April 2018 Josh received a $50,000 loan at interest of 2% per year from his employer. The loan was used to purchase his main residence. The FBT due at the end of the 2018/19 FBT year is:

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$1,418

$3,018

$1,600

$2,305

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