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Home Q & A Board Science-Related Homework Help Mathematics
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Hillier Hillier
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6 years ago
A three-year, $12 000 promissory note bearing interest at 11.6% compounded quarterly is discounted two years after the date of issue at 9.64% compounded semi-annually. What are the proceeds of the note?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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6 years ago
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Hillier Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
einstein
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Yesterday
Good timing, thanks!
kobbhy
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2 hours ago
You make an excellent tutor!
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