A six-month note for $19 300, with interest at 8%, is issued on April 1, 2022. Calculate

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A six-month note for $19 300, with interest at 8%, is issued on April 1, 2022. Calculate the present value on June 20, 2022, if money is worth 7.2%.

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Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

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Question Posted: Oct 27, 2020 07:06 AM

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A six-month note for $19 300, with interest at 8%, is issued on April 1, 2022. Calculate

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The present value of the sixmonth note on June 20 2022 is 1884120 To calculate the present value w...View the full answer

Contemporary Business Mathematics With Canadian Applications

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