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Four years, eleven months before its due date, a five-year note for 95125 47 bearing interest at 5 3% compounded quarterly is discounted at 2
Four years, eleven months before its due date, a five-year note for 95125 47 bearing interest at 5 3% compounded quarterly is discounted at 2 5% compounded semi-annually. Find the compound discount The compound discount is ????? Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
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