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Present and future values of 1 at 1 1 % are presented below. PV of $ 1 FV of $ 1 PVA of $ 1
Present and future values of at are presented below.
PV of $ FV of $ PVA of $ FVA of $
Polo Publishers purchased a multicolor offset press with terms of $ to be paid at the date of purchase, and a noninterestbearing note requiring payment of $ at the end of each year for six years. The interest rate implicit in the purchase contract is Polo would record the asset at:
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