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Please solve this problem Lakeshore Office Furniture accepted a 3-year note for $18,520 in lieu of immediate payment for office equipment sold to a local
Please solve this problem
Lakeshore Office Furniture accepted a 3-year note for $18,520 in lieu of immediate payment for office equipment sold to a local firm. After finding the maturity value given a 10% rate compounded annually calculate the present value of the note at 6%% per year compounded semiannually. Select one or more. 0 a. 19,322 30 b. 20,643,98 3 C. 20.313.13 ()d. 20,453.23Step by Step Solution
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