Stevenson Inc. purchased equipment by signing a $50,000 noninterest-bearing note due in 8 years. Comparable borrowings have carried an 8% interest rate. What is the value of this debt at its inception? (Do not add dollar sign; do not add comme to your amount round the answer to the whole number) Present Value of $1 Present Value of Ordinary Annuity of $1 Period 3% 6% 896 396 4% 4% 0.8548D 6% 8% 4 0.88849 0.79209 0.73503 3.71710 3.62990 3.46511 3.31213 5 0.86261 0.82193 0.74726 0.68058 4.57971 4.45182 4.21236 6 3.99271 0.83748 0.79031 0.70496 0.63017 5.41719 5.24214 4.91732 7 4.62288 0.81309 0.75992 0.66506 0.58349 6.23028 6.00205 5.5823.8 8 0.78941 5.20637 0.73069 0.62741 0.54027 7.01969 6.73274 6.20979 5.74664