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Question 2 5 options: Mr . Bray purchased a $ 5 0 , 0 0 0 bond on its issue date, November 1 , 2

Question 25 options:
Mr. Bray purchased a $50,000 bond on its issue date, November 1,2019. The bond only pays interest at maturity, October 31,2022, at a rate of 2% compounded annually.
What amount of interest must be included in income for 2019?
What amount of interest must be included in income for 2020?
What amount of interest must be included in income for 2021?

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