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A $9000 loan interest bearing promissory notes is discounted at 6% compounded quarterly, five years before maturity. What are the proceeds from the sale of
A $9000 loan interest bearing promissory notes is discounted at 6% compounded quarterly, five years before maturity. What are the proceeds from the sale of the notes?
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Introduction To Financial Accounting
Authors: Charles T Horngren, Gary L Sundem
10th Edition
136122973, 978-0136122975
