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Calculate the unknown variable for the following interest-bearing promissory note. Issue Amount Term of Note Date of Sale (before maturity) Discount Rate Sale Proceeds Interest

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Calculate the unknown variable for the following interest-bearing promissory note. Issue Amount Term of Note Date of Sale (before maturity) Discount Rate Sale Proceeds Interest Rate on Note 9.75% compounded monthly $18,600.00 5 years, 9 months 1 year, 9 months 14% compounded quarterly

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