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Find the proceeds of a promissory note with a maturity value of $2900 due on December 31, 2021, discounted at 5.6% compounded semi-annually on June

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Find the proceeds of a promissory note with a maturity value of $2900 due on December 31, 2021, discounted at 5.6% compounded semi-annually on June 30, 2019. The proceeds are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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