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Present and future values of $ 1 at 1 1 % are presented below. table [ [ , PV of $ 1 , FV
Present and future values of $ at are presented below.
tablePV of $FV of $PVA of $FVA of $
Spielberg Incorporated signed a $ noninterestbearing note due in five years from a production company eager to do business. Comparable borrowings have carried an interest rate. What is the value of this debt at its inception?
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