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Vladimir79 [104]
3 years ago
8

Morgan Co. signs a $50,000 noninterest-bearing 5-year note payable for goods purchased from Xelco Industries. The appropriate ra

te of interest for this type of note is 10%. At the time the note is signed, what is the present value of the note on Morgan's records
Business
1 answer:
riadik2000 [5.3K]3 years ago
5 0

Answer:

$31,046

Explanation:

You take the $50,000 and divide it by 1.10^5 = $31,046

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6 0
3 years ago
I'll give you brainiest please help me.
mars1129 [50]
Being involved in extracurricular activities can help you stand out on your college applications because it shows that you are skilled in more than 1 thing. Depending on the extracurricular you’re taking, you could be very good at strategic and critical thinking. This could be helpful in your future. Colleges do what the best of the best. Being involved in extracurricular activities also can show that you can take on more than 1 task. A lot of people can’t multitask or have a short attention span. This could be really good.


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