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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 $2865.00 issued April
Find the present value, on the date indicated, of the following promissory note. Ignore any grace period. A non-interest-bearing note for $2865.00 issued April 29, 1997, for 58 days if money is worth 5.5%, on May 15, 1997.
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