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A seven-year note for $4046.47 issued on November 1, 2013, with interest at 4.8% compounded quarterly is discounted on April 1, 2017, at 9% compounded

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A seven-year note for $4046.47 issued on November 1, 2013, with interest at 4.8% compounded quarterly is discounted on April 1, 2017, at 9% compounded semi-annually. What are the proceeds of the note? The proceeds of the note are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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