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The total interest recorded on a zero-interest-bearing note is equal to the difference between the maturity value of the note and the cash proceeds received.

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The total interest recorded on a zero-interest-bearing note is equal to the difference between the maturity value of the note and the cash proceeds received. the maturity value of the note multiplied by the effective interest rate. the cash proceeds multiplied by the imputed interest rate. there is no interest recorded for a non-interest-bearing

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