Find the proceeds of a non-interest-bearing promissory note for $75 000 discounted 42 months before maturity at

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Find the proceeds of a non-interest-bearing promissory note for $75 000 discounted 42 months before maturity at 6.5% compounded semi-annually.

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Sep 21, 2024 05:19 AM

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Find the proceeds of a non-interest-bearing promissory note for $75 000 discounted 42 months before maturity at

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FV 75 00000 I Y 65 C Y 2 i 003...View the full answer

Contemporary Business Mathematics with Canadian Applications

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