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On June 1, 2017, Kevin Coloaned an employee $15,000 for 9 months. The employee signed a note. The annual interest rate on the note will

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On June 1, 2017, Kevin Coloaned an employee $15,000 for 9 months. The employee signed a note. The annual interest rate on the note will be 7%. 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 201775_

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