Current Altempt in Progress

X$.$ Your answer is incorrect.

On lanuary $1,2024.$ Oriole Compary isued for cash a $51,160,000,1-$fear note bearing annual interest at $8$x to Blue Spruce, Inc. The market rabe of interest for a note of similar ribkis $9$ K $.$ What canh would have been recorded on the iaue date of the note? $($Round present walue factor calculations to $5$ decimal places, es$.1\mathrm{.}25124$ and the final onvwer to $0$ decimal placies ef$.59,971..)$

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Total Proceeds

$5$

Current Attempt in Progress

X Your asower hi incorrect.

On danury $1\mathrm{.}2024.$ Oriole Compuny loued for casha $51,160,000,3$ pear nobe bearing annual interest at $8\%$ to Blue Spruce, Inc. The markat rate of interest for a nobe of similar risk is $9\%.$ What cavh mould have been recurded on the iswue date of the note? $($hlound

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Total Proceeds $ $$