24f

On duly 1.2025 Metlock inc made two sales: 1. It sold excess tand in exchange for a four-year, nan-interest, tearing promissory note in the face amount of 51,244,656. The land carryinc volue is 5630000 2. If rendered services in eachange for an eight-year promissory note having a face value of $410.000. Interest at arate af 2 is is: baryable annually The customers in the above transactions have credit rating that recusife them to berrowinoney at 12% intecest Medock fecently had topay os interest for moncy it borrowed frem Beitistiank 3. On July 1.2023, Metlock also agreed to accept an installment note fromone of its customners inpartial settlement of accounts receivsble that were overdue. The note cells for four equal payments of $20,700 incloding the prikcipat and ieferent ibue, on the anniversary of the note. The implied interest rate on this note is 8%. The tables in this problem are to be used as arnterence for this problem. Click here toview the factor table PRESENT VALUE OF 1. Click here to view the factor table PRE SENT VALUE OF AN ANNUTY OF 1 and ewer 0 for the amountsi (hit ali debit entries before andit entrien)