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Find the proceeds of a non-interest-bearing promissory note for $6259.26, discounted 55 months before its due date at 4.5% compounded semi-annually. The proceeds are $
Find the proceeds of a non-interest-bearing promissory note for $6259.26, discounted 55 months before its due date at 4.5% 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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