Question: Debbie has two promissory notes payable to her. the first one will mature five years at $42,371 and the second one will mature in eight
Debbie has two promissory notes payable to her. the first one will mature five years at $42,371 and the second one will mature in eight years at$78,529. what amount can she expect to receive from the lansky Finance Company if, one year from now, she sells both of the notes to them at a diacount rate of 19% compounded anually?
a)$78,154
b)$37,283
c)$57,413
d)$39,028
e)$44,367
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