Question: A 180-day note dated September 14, 2016, is made at 5% for $1665. What is the present value of the note on October 18, 2016,

A 180-day note dated September 14, 2016, is made at 5% for $1665. What is the present value of the note on October 18, 2016, if money is worth 6%?

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