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On 28 February 2021, Esoda Ltd invested $750,000 in a 2-year fixed term deposit earning 3% p.a. Interest is paid quarterly and Esoda Ltd received

On 28 February 2021, Esoda Ltd invested $750,000 in a 2-year fixed term deposit earning 3% p.a. Interest is paid quarterly and Esoda Ltd received the interest it was due on 31 May 2021. Calculate, to the nearest whole dollar, the amount of revenue Esoda Ltd would recognise for the year ended 30 June 2021.

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