How to calculate the principle (carrying value of installments with ti ba II plus? I need to know how to do it for this question On December 31, 2014, The Machine Inc. rendered services to Finch Corporation, and agreed to receive three equal installments of $ 5,000 as payments on December 31 of every year starting December 31, 2015. An assumed interest rate of 9% is imputed. What is the interest revenue recorded on December 31, 2016 (after 2 years out of the 3 years)? What are the following (1) the carrying value of net notes receivables at the end of year 2 (2) ending discount on notes receivable at the end of year 2 (3) discount that was amortized in year 2 (4) interested revenue for the year 2?