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Anonymous bio_man
wrote...
A year ago
Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest at 3.7% compounded annually, issued December 1, 2004, discounted on September 1, 2007 to yield 4.4% compounded semi-annually.

The proceeds of the note are ________
(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Anonymous Author
wrote...
A year ago

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