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Physics, 17.04.2020 04:15 nehemiahj85

At the beginning of 2021, VHF Industries acquired a machine with a fair value of $6,074,700 by issuing a four-year, non interest-bearing note in the face amount of $8 million. The note is payable in four annual installments of $2 million at the end of each year. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVD of $1 an PVAD of $1) (Use appropriate factor(s) from the tables provided.)

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