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A company receives payments on a note receivable of$1,000 at thebeginning of every year for 10 years. Assuming an annual interestrate of 5%is appropriate, the

A company receives payments on a note receivable of$1,000 at thebeginning of every year for 10 years. Assuming an annual interestrate of 5%is appropriate, the present value of 1 is 0.6139 X $1,000 2 answers

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