Question
a five year, $4500.00 promissory note with interest at 7.5% compounded semi-annually was discounted at 8% compound quarterly yielding proceeds of $6150.00. how many months
a five year, $4500.00 promissory note with interest at 7.5% compounded semi-annually was discounted at 8% compound quarterly yielding proceeds of $6150.00. how many months before the due date was the discount date?
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Introduction to Probability
Authors: Mark Daniel Ward, Ellen Gundlach
1st edition
716771098, 978-1319060893, 1319060897, 978-0716771098
