You hold an interest bearing 7 month note with a face value of $12 300 at 4.92% compounded monthly . You have a family emergency and need to sell the note 3 months early. You sell the the note at a 5.6% compounded quarterly interest rate. How much did you sell the note for?

options:

A)	$12 484.80

B)	$12 659.61

C)	$12 956.61

D)	$12 666.61

E)	$11 569.61