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gewusel gewusel
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6 years ago
A $50 000.00, 5-year note bearing interest at 3.25% compounded quarterly, discounted three and a half years after the date of issue at 2.5% compounded monthly. Find the proceeds.
A) $48 161.60
B) $56 622.44
C) $58 783.81
D) $42 528.72
E) $40 965.02
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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Anonymous
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2 days ago Edited: 2 days ago
Help! The answer is missing an explanation...
Post Merge: 3 days ago

A $50 000.00, 5-year note bearing interest at 3.25% compounded quarterly, discounted three and a half years after the date of issue at 2.5% compounded monthly. Find the proceeds.
Post Merge: 2 days ago

A $50 000.00, 5-year note bearing interest at 3.25% compounded quarterly, discounted three and a half years after the date of issue at 2.5% compounded monthly. Find the proceeds.
Anonymous
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One day ago
First, see if this helps:



If not, write back and I'll answer your question in full!
Anonymous
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One day ago
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