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My homework question from ( Mathematics of Finance course) Help me solve it please who charges j; = 91%. What are the proceeds 9. A

My homework question from ( Mathematics of Finance course)

Help me solve it please

image text in transcribed

who charges j; = 91%. What are the proceeds 9. A note for $1200 dated August 24, 2005, is due with interest at ji: =8% in 2 years. On June 18, 2006, the holder of the note has it dis- counted by a lender who charges 9.5% com- pounded quarterly. Calculate the proceeds and the compound discount

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