Question: A note for $1000 dated January 1, 1993 is due with compound interest at 13% compounded semi annually five years after date.on July 1, 1994

A note for $1000 dated January 1, 1993 is due with compound interest at 13% compounded semi annually five years after date.on July 1, 1994 Holder of the Note has it discounted by a lender who charges 14 1/2% compounded quarterly .find the proceeds and the compound discount

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