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    Contemporary Business Mathematics Study Set 1
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    Exam 9: Compound Interest - Future Value and Present Value
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    A $41 20000, Non-Interest-Bearing Note Due August 1, 2003, Discounted on March
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A $41 20000, Non-Interest-Bearing Note Due August 1, 2003, Discounted on March

Question 37

Question 37

Essay

A $41 200.00, non-interest-bearing note due August 1, 2003, discounted on March 1, 2001, at 7.32% compounded monthly. Find the proceeds.

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