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Four-month promissory note

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Reference no: EM131826389

On June? 1, 2017?, a? four-month promissory note for? $1850 with interest at? 5% was issued. Compute the proceeds of the note on August? 28, 2017?, if money is worth?6.5%. Ignore any grace period.

The proceeds are ?$?

Reference no: EM131826389

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