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Calculate the unknown variable(s) (indicated with a ?) for the following interest-bearing promissory notes. Issue Term of Interest Rate on Date of Sale Discount Rate
Calculate the unknown variable(s) (indicated with a ?) for the following interest-bearing promissory notes. Issue Term of Interest Rate on Date of Sale Discount Rate Amount Note Note (before maturity) Sale Proceeds UCIE 9. $2,900 4 years 9 months $3,570.13 8.8% compounded semi-annually ?% compounded monthly
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