Use the following present value information to answer the questions below

N	PV Single Sum $1 Table 6-2		PV Ordinary Annuity Table 6-4
	5%	8%	5%	8%
1	0.95238	0.92593	0.95238	0.92593
2	0.90703	0.85734	1.85941	1.78326
3	0.86384	0.79383	2.72325	2.57710
4	0.82270	0.73503	3.54595	3.31231
5	0.78353	0.68058	4.32948	3.99271

On December 31, 2018 Seller Company sold goods to Buyer Company and in return received a $40,000 3-year note.

	Assume that the note is zero-interest bearing and that Buyer Company's borrowing rate is 5%. Interest is compounded annually. Determine the Sales Revenue recognized by Seller Company on December 31, 2018:
	Assume that the note is zero-interest bearing and that Buyer Company's borrowing rate is 5%. Interest is compounded annually. Determine the Interest Revenue recognized by Seller Company on December 31, 2019:
	Assume that the note is a 5% note and that the Buyer Company's borrowing rate is 8%. Interest is paid annually. Determine the Sales Revenue recognized by Seller Company on December 31, 2018:
	Different Situation: Assume that Seller Company received a 3-year, $10,000 zero-interest bearing note and recorded a discount of $925 on December 31, 2018. What is the total interest revenue that Seller Company will recognize over the 3-year period spanning 12/31/2018 - 12/31/2021?

A.	$40,000
B.	$925
C.	$36,907.40
D.	$1,727.68
E.	$31,753.20
F.	$0
G.	$34,553.60
H.	$2,000