On December 31, 2019 Seller Company sold goods to Buyer Company and in accepted a 3-year zero interest bearing note for $60,000. Buyer Company would normally be required to pay 8% annual interest. Using the excerpts from our present value tables, determine the factor (multiplier) that Seller Company will use to find the present value of the note as of December 31, 2019.

Iceberg storage, a leading hard drive manufacturer, recently filed for bankruptcy. while most of iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, iceberg invested most of its retained earnings in the effort to improve its hard drives. once the hard-drive market drastically declined, iceberg storage was unable to capitalize on the new technology. which of the following does this scenario best illustrate a. causal ambiguity b. knowledge diffusion c. social complexity d. path dependence