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Sandhill Ltd. receives a 7-year, $98000 zero-interest-bearingnote. The present value of this note is $79683. Assuming the notewas issued on January 1, 2021, and the
Sandhill Ltd. receives a 7-year, $98000 zero-interest-bearingnote. The present value of this note is $79683. Assuming the notewas issued on January 1, 2021, and the effective interest ratemethod is Sandhill Ltd. receives a 7-year, \\( \\$ 98000 \\) zero-interest-bearing note. The present value of this note is \\( \\$ 79683 \\). Assuming the note was issued on January 1,2021 , and the effective i 2 answers
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