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Business, 23.07.2019 02:10 meowmeowcow

Pie co. uses the installment sales method to recognize revenue. customers pay the installment notes in 24 equal monthly amounts, which include 12% interest. what is an installment note's receivable balance six months after the sale? a. 75% of the original sales priceb. less than 75% of the original sales pricec. the present value of the remaining monthly payments discounted at 12%d. less than the present value of the remaining monthly payments discounted at 12%

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Pie co. uses the installment sales method to recognize revenue. customers pay the installment notes...

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