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On June 30, 2020, Vast Corp. granted a 5-year, non-interest bearing advance to its Vice-President amounting to Php5,000,000. Prevailing interest rate is 8%. (Round the

On June 30, 2020, Vast Corp. granted a 5-year, non-interest bearing advance to its Vice-President amounting to Php5,000,000. Prevailing interest rate is 8%. (Round the PV factor to 4 decimal places)....

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