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Question 3 Stevenson inc. purchased equipment by signing a $80.000 noninterest-bearing note due in 7 years. Comparable borrowings have carried an interest rate. What is

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Question 3 Stevenson inc. purchased equipment by signing a $80.000 noninterest-bearing note due in 7 years. Comparable borrowings have carried an interest rate. What is the value of this debt at its inception Do not add doller sipe do not add comme to your amount round the answer to the whole number Present Value of 51 Present Value of Ordinary Annuity of 51 Period 4 0.79200 3.71710 346511 0.73503 06B058 0.56261 0.82193 162900 445182 0.76726 4.57971 421236 3.99271 0.79031 0.704496 0.63017 $141719 524214 2 0.75992 0.66506 0534 6.23028 6.00205 532 5.2002 078941 0.75069 0.62741 05027 7.01969 6.20979

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