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Current Attempt in Progress Wildhorse Ltd. receives a 5-year, $100000, zero-interest-bearing note. The present value of this note is $82193. Assuming the note was issued
Current Attempt in Progress Wildhorse Ltd. receives a 5-year, $100000, zero-interest-bearing note. The present value of this note is $82193. Assuming the note was issued on January 1, 2023, and the effective interest method is used, the interest income to be recognized for calendar 2023 is $8991.91. O $3287.72. O $4000.00. O $6575.44.
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