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Find the present value, on the date indicated, of the following promissory note. Ignore any grace period. A non-interest-bearing note for $2712.00 issued March
Find the present value, on the date indicated, of the following promissory note. Ignore any grace period. A non-interest-bearing note for $2712.00 issued March 11, 2002, for 71 days if money is worth 6.9%, on April 28, 2002. The value on April 28, 2002 is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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