Question: A note with face value $3000 is due without interest on November 21, 2018. On April 3, 2014 the holder of the note has it

A note with face value $3000 is due without interest on November 21, 2018. On April 3, 2014 the holder of the note has it discounted at a bank charging j₄= 6%. What are the proceeds?

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