On December 31, 2019 Seller Company sold goods to Buyer Company and in accepted a 3-year zero interest bearing note for $60,000. Buyer Company would normally be required to pay 8% annual interest.

N PV Single Sum $1 Table 6-2 PV Ordinary Annuity Table 6-4 4% 8% 4% 8% 1 0.96154 0.92593 0.96154 0.92593 2 0.92456 0.85734 1.88609 1.78326 3 0.88900 0.79383 2.77509 2.57710 4 0.85480 0.73503 3.62990 3.31231 5 0.82193 0.68058 4.45182 3.99271 6 0.79031 0.63017 5.24214 4.62288

Using the excerpts from our present value tables, determine the factor (multiplier) that Seller Company will use to find the present value of the note as of December 31, 2019.