Question
Compute the proceeds of afive-month, $7000 promissory note dated September6, 2018, with interest at5.5% if the note is paid on November28, 2018, when money is
Compute the proceeds of afive-month, $7000 promissory note dated September6, 2018, with interest at5.5% if the note is paid on November28, 2018, when money is worth6.5%. Ignore any grace period.
The proceeds are $
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Introduction to Probability
Authors: Mark Daniel Ward, Ellen Gundlach
1st edition
716771098, 978-1319060893, 1319060897, 978-0716771098
