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Find the proceeds of a non-interest-bearing promissory note for $4890.17, discounted 59 months before its due date at 8.9% compounded semi-annually. The proceeds are $

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Find the proceeds of a non-interest-bearing promissory note for $4890.17, discounted 59 months before its due date at 8.9% compounded semi-annually. The proceeds are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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