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5 Wicox Enterprises, a major reat estate develope, recently accepted a $17,000,000,5 year, 1% note recevable in exchange for pooducts sold. Interest is paid annoliy.

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Wicox Enterprises, a major reat estate develope, recently accepted a $17,000,000,5 year, 1% note recevable in exchange for pooducts sold. Interest is paid annoliy. The curent markes rate of interest is 5%. The note is not publicly traded rounded to five decimal pinces, XX0X. Round you final answeis to the nearest whole dolar)

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