Pharoah Inc. loans money to John Kruk Corporation in the amount of $976,000. Pharoah accepts an 8% note due in 7 years with interest payable semiannually. After 2 years (and receipt of interest for 2 years), Pharoah needs money and therefore sells the note to Chicago National Bank, which demands interest on the note of 10% compounded semiannually. What is the amount Pharoah will receive on the sale of the note
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True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.
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Pharoah Inc. loans money to John Kruk Corporation in the amount of $976,000. Pharoah accepts an 8% n...
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