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Posted on Sep 30, 2024

On October 1 , 2 0 2 4 , Ogneva Corporation loans one of its employees $ 4 0 , 0 0 0 and accepts

On October

1, 2024,

Ogneva Corporation loans one of its employees $

40, 000

and accepts a

12 -

month,

9 %

note receivable.

Calculate the amount of interest revenue Ogneva will recognize in

2024

and

2025 .

\

table

[[

Year

, \

table

[[

Interest

], [

Revenue

]]], [2024,], [2025,

vdots

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