Find the proceeds of the following promissory note. A five-year promissory note dated May 1,...
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Find the proceeds of the following promissory note. A five-year promissory note dated May 1, 2013, with a face value of $4500.00 bearing interest at 9.7% compounded quarterly, discounted three years later when money was worth 4.5% compounded semi-annually.
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