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  3. a ten year note for $800 bearing interest at 5% co

a ten year note for $800 bearing interest at 5% compounded monthly is discounted at...

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Accounting

a ten year note for $800 bearing interest at 5% compounded monthly is discounted at 7% compounded quarterly three years, ten months after the date of issue. find the proceeds of the note. the proceeds are $------------(round to the nearest cent as needed. round all intermediate value to six decimal places as needed)

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