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Stars Company received a non-interest bearing promissory note of QAR 23500 for 20 months from its customer. After 3 months, Union Bank discounted the note

Stars Company received a non-interest bearing promissory note of QAR 23500 for 20 months from its customer. After 3 months, Union Bank discounted the note (before maturity) when the money was worth 2.85%. Calculate the present value of this note. Answers should be rounded to 2 digits after the decimal point

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