Question: Please help me solve this question, without using excel. I'd really appreciate it if you can explain step-by-step. (If, possible, using BA II, or the
Please help me solve this question, without using excel. I'd really appreciate it if you can explain step-by-step. (If, possible, using BA II, or the formula) Thank you so much!
1)A ten-year note for $1300 bearing interest at 4% compounded monthly is discounted at 6% compounded quarterly three years, ten months after the date of issue. Find the proceeds of the note.
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