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SD. Troubled Debt 0 Your client owes $67,000 the Last Bank including accrued interest. The note was written at an 8% annual interest rate. The
SD. Troubled Debt 0 Your client owes $67,000 the Last Bank including accrued interest. The note was written at an 8% annual interest rate. The bank is now agreeing to settle for an immediate payment of $10,000 and 8 quarterly payments of $6,000 1 Make any required entry (entries) for your client the debtor: 2 3 4 S 16 97 98 99 DO Make any required entry (entries) for Last Bank: Calculation of PV of Loan 01 02 03 04 COS 206
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