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Question 10 View Policies Crane Company receives a $74,000, 5-year note bearing interest of 5% (paid annually) from a customer at a time when the

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Question 10 View Policies Crane Company receives a $74,000, 5-year note bearing interest of 5% (paid annually) from a customer at a time when the discount rate is 6%. Click here to view the factor table. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the present value of the note received by Crane? (Round answer to 2 decimal places, e.g. 25.25.) Present value of note received s eTextbook and Media Attempts: O of 3 used

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