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13. Determine the proceeds of a non-interest-bearing note for 55000 discounted 18 months before maturity at 8% compounded quarterly. A. $4256.53 B. 4762.58 C. $4439.86

13. Determine the proceeds of a non-interest-bearing note for 55000 discounted 18 months before maturity at 8% compounded quarterly. A. $4256.53 B. 4762.58 C. $4439.86 D. $4853.66 E. $3107.90

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