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calculate the present value of the note receivable suing a 15 % interest rate. (...

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Accounting

calculate the present value of the note receivable suing a 15 % interest rate. ( 5 years).Using the present value of the note as the only economic benefit received, recalculate the gain or loss on the transaction. ( note receivables: 8,000,000 asset 5,100,000 gain 2,900,000)

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