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A 180 day promissory note dated September 14 th , 2010 is made at 5.25% for $1665. What are the proceeds of the note if
A 180 day promissory note dated September 14th, 2010 is made at 5.25% for $1665. What are the proceeds of the note if it is sold on December 9th , 2010 and money is worth 6% simple interest?
Use six decimal places for any intermediate calculations and round the final answer to 2 decimal places. (e.g., 0.00)
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