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5) A discounted note that pays $1000 in 6 months sells for X. Find X in each of the following cases: a) compound interest at

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5) A discounted note that pays $1000 in 6 months sells for X. Find X in each of the following cases: a) compound interest at an annual rate of 8% b) simple interest at an annual rate of 8% c) simple discount at an annual rate of 8% d) compound discount at an annual rate of 8%

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