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A seven-year, non-interest-bearing note for $6,532.00 is discounted three years and two months before its due date at 9.12% compounded quarterly. Find the proceeds I
A seven-year, non-interest-bearing note for $6,532.00 is discounted three years and two months before its due date at 9.12% compounded quarterly. Find the proceeds
I got like what to find in the question but i have a doubt in finding the answer. I am confused with the no of yr that I have to take
Can someone help with the answer for this.
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