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On January 1, 2020, Bank X makes a loan of $10,000 on a 1 year note at an interest rate of 10% to a client.

On January 1, 2020, Bank X makes a loan of $10,000 on a 1 year note at an interest rate of 10% to a client. How much interest revenue is recognizable in total at the end of september 30, 2020?

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