Hillary deposited $5,000 with a bank and borrowed $5,000 from the bank to make up...
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Accounting
Hillary deposited $ with a bank and borrowed $ from the bank to make up the $ minimum deposit required to buy a month certificate of deposit. The certificate earned $ at maturity in but she only received $ which represented the $ she earned minus $ interest charged on the $ loan. The bank gives Hillary a Form INT for showing the $ interest she earned. The bank also gives her a statement showing that she paid $ interest for What amount must Hillary include in her income?
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