Sterling Inc. has decided to purchase equipment from Central Industries on January 2, 2015, to expand its production capacity to meet customers' demand for its product. Sterling issues a $900,000, 5-year, zero- interest-bearing note to Central for the new equipment when the prevailing market rate of interest for obligations of this nature is 12%. The company will pay off the note in five $180,000 installments due at the end of each year over the life of the note. Hint: Use tables in Chapter 6