Question: Question 12 (1 point) A promissory note for $5,500 was sold after three years and six months. The seller was able to earn 18% compounded

Question 12 (1 point) A promissory note for $5,500 was sold after three years and six months. The seller was able to earn 18% compounded quarterly. What was the value of the promissory note when it was sold? AJ Question 13 (1 point) If money is worth 12% simple interest, what payment on August 29, 2014 would be equal in value to a payment of $86,900 due on January 31, 2015

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