Question: This quiz: 40 point(s) ENT possible This question: 1 point(s) possible Submit quiz Find the proceeds of the following promissory note. An eight-year, $4000.00 note

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This quiz: 40 point(s) ENT possible This question: 1 point(s) possible Submit quiz Find the proceeds of the following promissory note. An eight-year, $4000.00 note bearing interest at 2.4% compounded monthly, issued December 1, 2003, discounted on December 1, 2009 to yield 6.1% compounded annually The proceeds of the note are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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