Determine the proceeds of a ten-year promissory note dated April 1, 2017, with a face value of
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Determine the proceeds of a ten-year promissory note dated April 1, 2017, with a face value of $1300, bearing interest at 7% compounded semi annually, discounted seven years later when money was worth 9% compounded quarterly.
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Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
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