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A $430000 Promissory Note Issued Without Interest for Nine Years on on September

Question 80

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A $4300.00 promissory note issued without interest for nine years on September 30, 2001, is discounted on July 31, 2006, at 8.32% compounded quarterly. Find the compound discount.

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Due date: 2010-09-30
Discount period: 20...

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