Question: A nine-year note for $3200 issued on October 1, 2015, with interest at 6.6% compounded annually is discounted on July 1, 2016, at 9.1% compounded

A nine-year note for $3200 issued on October 1, 2015, with

A nine-year note for $3200 issued on October 1, 2015, with interest at 6.6% compounded annually is discounted on July 1, 2016, at 9.1% compounded semi-annually. What are the proceeds of the note? The proceeds of the note are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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