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Business, 11.03.2020 02:08 anaemigarcia

20. On July 1, Goblette Company sold some machinery to another company. The two companies entered into an installment sales contract at a predetermined interest rate. The contract required 5 equal annual payments with the first payment due on July 1, the date of sale. What present value concept is appropriate for this situation

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20. On July 1, Goblette Company sold some machinery to another company. The two companies entered in...
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