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Calculate the unknown variable for the following interest-bearing promissory note. (Round your answer to the nearest whole number.) Issue Amount Term of Note Date of
Calculate the unknown variable for the following interest-bearing promissory note. (Round your answer to the nearest whole number.) Issue Amount Term of Note Date of Sale (before maturity) Discount Rate Sale Proceeds Interest Rate on Note 10.6% compounded annually $26,853.25 7 years years, months 19.4% compounded monthly $35,825.66
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