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PROBLEM 4 On January 1, 2019, Batanggas City agreed to provide Probity Company with a P5,000,000 three-year, zero-interest bearing loan evidenced by promissory note. The

PROBLEM 4 On January 1, 2019, Batanggas City agreed to provide Probity Company with a P5,000,000 three-year, zero-interest bearing loan evidenced by promissory note. The prevailing rate of interest fo...

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