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Artemis Inc. sold equipment to JML Corp. in exchange for a note receivable. The terms of the note receivable require monthly payments of $800 for

Artemis Inc. sold equipment to JML Corp. in exchange for a note receivable. The terms of the note receivable require monthly payments of $800 for 24 months and the interest rate is 12% annually. What is the present value of the note receivable? (round to the nearest dollar) Question 6 options: $1,352 $6,227 $16,995 $19,200

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