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Please anwser all boxes even incorrect ones, and explain and show step by step thoroughly to help me understand. Thank you. Required information [The following
Please anwser all boxes even incorrect ones, and explain and show step by step thoroughly to help me understand. Thank you.
Required information [The following information applies to the questions displayed below.] Stellar Corporation purchased equipment and in exchange signed a two-year promissory note. The note requires Stellar to make a single payment of $100,000 in two years. Stellar has other promissory notes that charge interest at the annual rate of 5 percent. Required: 1. Compute the present value of the note using Stellar's typical interest rate of 5 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1, Financial Calculator) (Use tables, Excel, or a financial calculator. Round "Present Value" to the nearest whole dollar amount.)
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