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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 53306.00 issued November 2,
Find the present value, on the date indicated of the following promissory note, Ignore any grace period. A non-interest-bearing note for 53306.00 issued November 2, 2006, for 208 days if money is worth 6.9% on January 13, 2007 The value on January 13, 2007 is 5 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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