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A six-month non-interest-bearing note issued on April 11, 2013, for $4000 was discounted at 6.25% on September 2, 2013. What were the proceeds of the
A six-month non-interest-bearing note issued on April 11, 2013, for $4000 was discounted at 6.25% on September 2, 2013. What were the proceeds of the note? $ (round to 2 decimal) eg 1.23
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