Question: A five-year, $1000 note bearing interest at 9% compounded annually was discounted at 10% compounded semi-annually yielding proceeds of $1441.71. How many months before the

A five-year, $1000 note bearing interest at 9% compounded annually was discounted at 10% compounded semi-annually yielding proceeds of $1441.71.

How many months before the due date was the discount date?

The discount date was______months before the due date.

(Round to the nearest month.)

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