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Find the proceeds of a non-interest-bearing promissory note for $2286.62, discounted 56 months before its due date at 4.7% compounded annually. The proceeds are $
Find the proceeds of a non-interest-bearing promissory note for $2286.62, discounted 56 months before its due date at 4.7% compounded annually. The proceeds are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Find the proceeds of a $4147.16, 8.5-year note bearing interest at 4.5% compounded annually, discounted 1.5 years after the date of issue at 2.9% compounded semi-annually. The proceeds are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Find the proceeds of the following promissory note. A six-year, $2000.00 note bearing interest at 3% compounded monthly, issued August 1, 2005, discounted on June 1, 2006 to yield 6.8% compounded quarterly. The proceeds of the note are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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