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A $234,000.00, non-interest-bearing note due November 1, 2017, is discounted on July 1, 2017, at 0.74% compounded monthly. Find the proceeds. a. $936,577.20 b. $233,423.69

A $234,000.00, non-interest-bearing note due November 1, 2017, is discounted on July 1, 2017, at 0.74% compounded monthly. Find the proceeds. a. $936,577.20 b. $233,423.69 c. $234,577.73 d. $252,251.56 e. $206,817.44

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