Essay
A seven-year, non-interest-bearing note for $6532.00 is discounted three years and two months before its due date at 9.12% compounded quarterly. Find the proceeds of the note.
Correct Answer:
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n = (3 + 
)4 = 12.66...View Answer
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Correct Answer:
Verified
)4 = 12.66...View Answer
Unlock this answer now
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