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A note is due in 9 years, with interest of 10% compounded semiannually. The face value of the note is $34,000. Find the maturity value
A note is due in 9 years, with interest of 10% compounded semiannually. The face value of the note is $34,000. Find the maturity value of the note and find the minimum sale price of the note if money can be deposited at 6% compounded quarterly
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