6 3.69590 6.2278 6 0.53464 | 1.87041 | 4.23054 | 7.9129 Polo Publishers purchased a multi-color offset press with terms of $20,000 to be paid at the date of purchase, and a noninterest-bearing note requiring payment of $10,000 at the end of each year for four years. The interest rate implicit in the purchase contract is ft% Polo would record the asset at Multiple Choice $31,024 Prey 21 of 77 Next