Dubois Inc loans money to John kruk corporation in the amount of 800,000. Dubouis accepts an 8% note due in 7 years with interest payable semiannually. after 2 years and receipt of interest for 2 years dubois needs money and therefore sells the note to chicago national bank which demands interest on the note of 10% compounded seminannually what is the amount dubouis will receive on the sale of the note?

project requirements

use excel and you must use excel functions such as PV AND FV do not use PV tables or the mathematical functions