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Assuming a market interest rate is 9% per annum, how much would Ivanhoe Bank record as a notes receivable if the terms of the loan

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Assuming a market interest rate is 9% per annum, how much would Ivanhoe Bank record as a notes receivable if the terms of the loan with a borrower are that the borrower would make one $119500 payment in two years? (The present value of $1 for two periods at 9% is 0.84168 ). $100581 $119500. $109633 $109430

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