Find the proceeds of a six-year, $900 note bearing interest at 10% compounded quarterly, issued June 1,

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Find the proceeds of a six-year, $900 note bearing interest at 10% compounded quarterly, issued June 1, 2013, discounted on December 1, 2018, to yield 8.5% com- pounded 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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