Crown Corporation
Crown Corporation has agreed to sell some used computer equipment to Bob Parsons,one of the company's employees,for $5,000.
Refer to Crown Corporation.What would the present value of the note be if Parsons agreed to the immediate down payment of $1,000 but would like the note for $4,000 to be payable in full at the end of the fourth year? The increased risk associated with the terms of this note changes the discount rate to 8 percent.

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The Answer of Crown Corporation
Crown Corporation has agreed to sell some used computer equipment to Bob Parsons,one of the company's employees,for $5,000.
Refer to Crown Corporation.What would the present value of the note be if Parsons agreed to the immediate down payment of $1,000 but would like the note for $4,000 to be payable in full at the end of the fourth year? The increased risk associated with the terms of this note changes the discount rate to 8 percent.

Crown Corporation Crown Corporation Has Agreed to Sell Some Used Computer Equipment