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On April 1, 2020, Sarasota Inc. signed a $ 137,000, zero-interest-bearing, six-month promissory note. The note's present value is $ 130,476 based on the bank's

On April 1, 2020, Sarasota Inc. signed a $ 137,000, zero-interest-bearing, six-month promissory note. The note's present value is $ 130,476 based on the bank's discount rate of 10%. The company'...

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