Lester company received a seven-year zero-interest-bearing note on february 22, 2017, in exchange for property it sold to porter company. there was no established exchange price for this property and the note has no ready market. the prevailing rate of interest for a note of this type was 6% on february 22, 2017, 6.5% on december 31, 2017, 6.7% on february 22, 2018, and 7% on december 31, 2018. what interest rate should be used to calculate the interest revenue from this transaction for the years ended december 31, 2017 and 2018, respectively?

Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.