Question: a five year, $4500.00 promissory note with interest at 7.5% compounded semi-annually was discounted at 8% compound quarterly yielding proceeds of $6150.00. how many months

a five year, $4500.00 promissory note with interest at 7.5% compounded semi-annually was discounted at 8% compound quarterly yielding proceeds of $6150.00. how many months before the due date was the discount date?

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