Neymar Taco Company receives a $75,000, 6-year note bearing interest of 4% LO15 (paid annually) from a

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Neymar Taco Company receives a $75,000, 6-year note bearing interest of 4% LO15

(paid annually) from a customer at a time when the discount rate is 6%. What is the present value of the note received by Neymar?

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JAPHETH KOGEI

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