Compute the proceeds of a five-month, $7000 promissory note dated September 6, 2022, with interest at 5.5%

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Compute the proceeds of a five-month, $7000 promissory note dated September 6, 2022, with interest at 5.5% if the note is paid on November 28, 2022, when money is worth 6.5%.

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Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

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Question Posted: Oct 27, 2020 07:07 AM

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Compute the proceeds of a five-month, $7000 promissory note dated September 6, 2022, with interest at 5.5%

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Contemporary Business Mathematics With Canadian Applications

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