A seven-year, non-interest-bearing note for $6532.00 is discounted three years and two months before ...

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A seven-year, non-interest-bearing note for $6532.00 is discounted three years and two months before ...

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.

Textbook

Contemporary Business Mathematics with Canadian Applications

Edition: 11^th

Authors: Hummelbrunner, Halliday, Hassanlou, Coombs

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Axy

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More solutions for this book are available here

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Harman S.

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thanks

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