with solution

Question 45 2 pts On January 1, 2021, Apollo Company received a promissory note from Electron Corporation for goods sold with a face value of P200,000.00, a 3-year term at 12%, with interest payable at the end of each year. The effective rate was 10% Table factor rates for three periods: Interest Rate 10% 12% 0.751314801 0.711780248 Present Value of P1 Present Value of Ordinary Annuity of P1 2.486851991 2.401831268 How much is the present value of the note? OP159,684.45 OP200,000 O P150,262.96 OP209.947.41