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A seven-year, non-interest-bearing note for $6532.00 is discounted three years and two months before its due date at 9.12% compounded quarterly. Find the proceeds of

A seven-year, non-interest-bearing note for $6532.00 is discounted three years and two months before its due date at 9.12% compounded quarterly. Find the proceeds of the note.

$ 43467.81

$ 4895.25

$ 4909.42

$ 4693.65

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