3) Makes a loan using a 5 year, $200,000 (face value) term note with a customer. The note bears interest at 10% (stated). The customer's credit rating would normally require an interest rate of 14% (market for this customer) . Payments begin on 1/1/2021.
Stated Rate	10.00%	# of periods	5	Face Value	$ 200,000	Interest Pay.
Market Rate	14.00%					PV Int. Pay
							PV Face Value
1/1/2020	Notes Receivable				Total PV	$0.00
		Discount on Notes Receivable
		Cash
12/31/2020
1/1/2021