Question: Three years, one months before Its due date, a six-year note for $4244.72 bearing interest at 5.9% compounded annually is discounted at 8.3% compounded semi-annually.

Three years, one months before Its due date, a six-year note for $4244.72 bearing interest at 5.9% compounded annually is discounted at 8.3% compounded semi-annually. Find the compound discount. The compound discount is $. (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) A ten-year note for $1600 bearing interest at 5% compounded monthly is discounted at 7% compounded quarterly three years, ten mont after the date of issue. Find the proceeds of the note. The proceeds are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Three years, one months before Its due date, a six-year note for $4244.72 bearing interest at 5.9% compounded annually is discounted at 8.3% compounded semi-annually. Find the compound discount. The compound discount is $. (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) A ten-year note for $1600 bearing interest at 5% compounded monthly is discounted at 7% compounded quarterly three years, ten mont after the date of issue. Find the proceeds of the note. The proceeds are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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