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Home Q & A Board Science-Related Homework Help Mathematics
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sunnisam sunnisam
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10 months ago
When discounted to yield 9.5% compounded quarterly, a $4500 four-year promissory note bearing interest at 11.5% compounded semiannually was priced at $5697.84. To the nearest month, how long after the issue date did the discounting take place?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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texasboy3texasboy3
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