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Our company loaned $75,000 to another company on August 1, year 1. The principal and the interest will be repaid to us in one year.

Our company loaned $75,000 to another company on August 1, year 1. The principal and the interest will be repaid to us in one year. The annual interest rate on the note is 6%. What amount of interest revenue will out company earn this year?

	$5,250
	$1,875
	$2,625
	Some other amount

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