On June 30, 2024, Countryside Farms purchased custom-made harvesting equipment from a local producer. In payment, Countryside signed a noninterest-bearing note requiring the payment of $93,000 in two years. The fair value of the equipment is not known, but an 10% interest rate properly reflects the time value of money for this type of loan agreement. At what amount will Countryside initially value the equipment?

How do I calculate Present value??

Table or calculator function:	PV of $ 1
Future value
n =
I =
Present value
Interest expense	$