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Sangeeta borrows $4600 from Sam for 9 year(s) at 11.25% compounded quarterly. Then, 3 year(s) before maturity, Sam sells the note to Bill who discounts

Sangeeta borrows $4600 from Sam for 9 year(s) at 11.25% compounded quarterly. Then, 3 year(s) before maturity, Sam sells the note to Bill who discounts it based on 12.75% compounded monthly. How much did Bill pay Sam for the note?

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