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On June 1, 2017, Kevin Co loaned an employee $11,000 for 9 months. The employee signed a note. The annual interest rate on the note

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On June 1, 2017, Kevin Co loaned an employee $11,000 for 9 months. The employee signed a note. The annual interest rate on the note will be 5%. The employee will pay the principal and interest when it comes due in 2018. When the note comes due in 2018 , the credit to notes receivable will be $ On June 1, 2017, Kevin Co loaned an employee $10,000 for 9 months. The employee signed a note. The annual interest rate on the note will be 10%. The employee will pay the principal in and interest when it comes due in 2018. What is the interest revenue Kevin Co will recognize in 2017? \$

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