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On January 1 , 2 0 2 3 , Kunto, a cash basis taxpayer, pays $ 4 6 , 2 2 8 for a 2
On January Kunto, a cash basis taxpayer, pays $ for a month certificate. The certificate is priced to yield the effective interest rate with interest compounded annually. No interest is paid until maturity, when Kunto receives $
In your computations, round any amounts to the nearest dollar.
Kunto has $fill in the blank
income for and $fill in the blank
for
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