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    Exam 8: Simple Interest Applications
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    Find the Present Value of a Seven-Month Note for $3940
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Find the Present Value of a Seven-Month Note for $3940

Question 11

Question 11

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Find the present value of a seven-month note for $3940 dated April 1 with interest at 7.45% if money is worth 6%, on Find the present value of a seven-month note for $3940 dated April 1 with interest at 7.45% if money is worth 6%, on

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Maturity value:
The legal due date is No...

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