3. A non-interest bearing note for 11,000 is due in 7 years. Find the proceeds of the note if it is discounted 4 years and 9 months before its due date if interest is 8.6% compounded quarterly. Show a Timeline End / Beg P/Y C/Y N 1/Y PV PMT FV 3. A non-interest bearing note for 11,000 is due in 7 years. Find the proceeds of the note if it is discounted 4 years and 9 months before its due date if interest is 8.6% compounded quarterly. Show a Timeline End / Beg P/Y C/Y N 1/Y PV PMT FV