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( A ) Dubois Inc. has completed the purchase of new computers. The fair value of the equipment is $ 8 2 4 , 1
A Dubois Inc. has completed the purchase of new computers. The fair value of the equipment is $ The purchase agreement specifies an immediate down payment of $ and semiannual payments of $ beginning at the end of months for years. What is the interest rate, to the nearest percent, used in discounting this purchase transaction?
B Dubois Ine. loans money to John Kruk Corporation in the amount of $ Dubois accepts an pa note due in years with interest payable semiannually. After years and receipt of interest for years Dubois needs money and therefore sells the note to Chicago National Bank, which demands interest on the note of compounded semiannually. What is the amount Dubois will receive on the sale of the note?
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