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Withholding a promissory note, an employee acquires this note which is due 3 years hence. The note has a maturity value of P6,700.48. Given a

Withholding a promissory note, an employee acquires this note which is due 3 years hence. The note has a maturity value of P6,700.48. Given a rate of interest of 10% compounded semi-annually, what is the value of this note now?

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