Note: Students will need future value and present value tables for some questions.\ A

$10,000,6%,5

-year note payable that pays interest quarterly would be discounted back to its present value by using tables that would indicate which one of the following period-interest combinations?\ A) 20 interest periods,

1.5%

interest\ B) 5 interest periods,

1.5%

interest\ C) 5 interest periods,

6%

interest\ D) 20 interest periods,

6%

interest

Note: Students will need future value and present value tables for some questions. A $10,000,6%,5-year note payable that pays interest quarterly would be discounted back to its present value by using tables that would indicate which one of the following period-interest combinations? A) 20 interest periods, 1.5% interest B) 5 interest periods, 1.5% interest C) 5 interest periods, 6% interest D) 20 interest periods, 6% interest