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A commodity with a cash value of R$ 124,700.00 was sold with the issuance of a bond maturing in 84 months in the future with
A commodity with a cash value of R$ 124,700.00 was sold with the issuance of a bond maturing in 84 months in the future with a face value calculated at the compound interest rate of 12.60% per year. with bimonthly capitalization. With 175 days to go before the maturity of the security, it was discounted, with an FI that made a bank discount at a simple interest rate of 17.50% per year. and also applied an operating cost rate of 3.5% on the nominal value of the security. Determine how much FI paid for the title?
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