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help mee plzzz Question 28 (2 points) Listen A 6-year, $5,000 promissory note bearing interest at 112*7.20% was sold to a buyer after 2 years.
help mee plzzz
Question 28 (2 points) Listen A 6-year, $5,000 promissory note bearing interest at 112*7.20% was sold to a buyer after 2 years. The buyer purchased the note at a price that would yield them 14-6.00% a) Calculate the maturity value of the note: b) Calculate the price the buyer paid (at the 2 year mark) Step by Step Solution
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