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Home Q & A Board Science-Related Homework Help Mathematics
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rosenrot rosenrot
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A year ago
The proceeds from the sale of a $4500 five-year promissory note bearing interest at 9% compounded quarterly were $6055.62. To the nearest month, how long before its maturity date was the note sold if it was discounted to yield 10.5% compounded monthly?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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callisonrcallisonr
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