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2024 , and signed a $640,000 noninterest-bearing note for the cemaining balance which is due on July 1, 2025 . An interest rate of 5%

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2024 , and signed a $640,000 noninterest-bearing note for the cemaining balance which is due on July 1, 2025 . An interest rate of 5% refiects the time vadue of money for this type of loan agreement. (PY ofst, PVA orsi) or what amount will the company record the purchase of equipment? Multiplo Choice $800,000 $761,905 $769,523 $609,523

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