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1 a) Find the present value, on the date indicated, of the following promissory note. Ignore any grace period A non-interest-bearing note for $2141.00 issued

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1 a) Find the present value, on the date indicated, of the following promissory note. Ignore any grace period A non-interest-bearing note for $2141.00 issued February 16, 1997, for 50days if money is worth 3.5%, on March 5, 1997 The value on March 5, 1997 is (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) b) A note for $1146.00, dated October 20, 2006, with interest at 6.26% per annum, was issued for 195 days. What was the legal due date? Ignore any grace period. The legal due date was July October December May February January November April August September June March 2006 2007 D. Focu

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