Find the proceeds, compounded semi-annually, discounted

Find the proceeds

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Reference no: EM133475193

Question: A ten-year promissory note dated April 1, 2001, with a face value of $4700.00 bearing interest at 7.2% compounded semi-annually, discounted seven years later when money was worth 9.92% compounded monthly. Find the proceeds.

Reference no: EM133475193

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