Question: A five-year, $3000 note bearing interest at 9% compounded annually was discounted at 10% compounded semi-annually yielding proceeds of $4396.07. How many months before the

A five-year, $3000 note bearing interest at 9% compounded annually was

A five-year, $3000 note bearing interest at 9% compounded annually was discounted at 10% compounded semi-annually yielding proceeds of $4396.07. 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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