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SDSU Aztecs sold goods to a buyer and received a four-year, $40,000, noninterest-bearing note. After some research, an equivalent loan would have an 8 percent

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SDSU Aztecs sold goods to a buyer and received a four-year, $40,000, noninterest-bearing note. After some research, an equivalent loan would have an 8 percent interest rate. SDSU Aztecs should book sales revenue on the day of the sale equal to what amount? Multiple Choice The PV (present value) of $40,000 using the 8% interest rate. The FV (future value) of $40,000 using the 8% interest rate. $40,000. The PV (present value) of $40,000 using the 8% interest rate. The FV (future value) of $40,000 using the 8% interest rate. $40,000. $0

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