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On June 1, 2018, a customer made a purchase of $40,000 ofmerchandise. The customer signed a $40,000, five- year,zero-interest-bearing note due June 1, 2023. The market interestrate for a loan of c omparable risk level was 14%.Prepare an effective-interest amortization schedule for thepromissory note received from the customer on June 1, 2018. Showcalculations
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