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Find the proceeds of the following promissory note. A five-year promissory note dated November 1, 2014, with a face value of $5000.00 bearing interest at
Find the proceeds of the following promissory note. A five-year promissory note dated November 1, 2014, with a face value of $5000.00 bearing interest at 3.3% compounded semi-annually, discounted three years later when money was worth 4.8% 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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