Question: Compute the proceeds of a five-month $7000 promissory note dated September 6, 2018, with interest at 5,5% if the note is paid on November 28,

Compute the proceeds of a five-month $7000 promissory note dated September

Compute the proceeds of a five-month $7000 promissory note dated September 6, 2018, with interest at 5,5% if the note is paid on November 28, 2018, when money is worth 6.5% Ignore any grace period The proceeds are $ (Round to the nearest cont as needed)

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