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Find the proceeds of promissory note

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Reference no: EM133121403

Question - Find the proceeds of the promissory note - A nine?-year, $2300.00 note bearing interest at 1.6% compounded monthly?, issued July ?1, 2003?, discounted on July ?1, 2005 to yield 5.6?% compounded semi-annually.

Reference no: EM133121403

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