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A 180 day promissory note dated Sept. 14, 2018 is made at 4.25% for $3020. What is the present value of the note on Oct.

A 180 day promissory note dated Sept. 14, 2018 is made at 4.25% for $3020. What is the present value of the note on Oct. 18, 2018 if money is worth 6.5%? Use the method as described in our notes.

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