Find the present$$ value, on the date$$ indicated, of the following promissory note. Ignore any grace period.

A$$ non$-$interest$-$bearing note for $$$$1185\mathrm{.}00$ issued December $13,2010,$ for $202$ days if money is worth $4\mathrm{.}3\%,$ on February $15,2011.$

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Part $1$

The value on February $15,2011$ is $?.$ PROFESSOR TIP:The face value for a non interest bearing promissory note is the maturity value.

$($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as$$ needed.$)$