A note dated May 1, 2011 promises the payment of $5660.00 with interest at 659% pa. compounded semi-annually on November 1, 2015. Find the proceeds of the sale of the note on May 1, 2013 if money was...


A note dated May 1, 2011 promises the payment of $5660.00 with interest at 659% pa. compounded semi-annually on November 1, 2015. Find<br>the proceeds of the sale of the note on May 1, 2013 if money was then worth 7 29% pa compounded monthly.<br>O $6307.94<br>O $6207.94<br>O S6107.94<br>$5907.94<br>

Extracted text: A note dated May 1, 2011 promises the payment of $5660.00 with interest at 659% pa. compounded semi-annually on November 1, 2015. Find the proceeds of the sale of the note on May 1, 2013 if money was then worth 7 29% pa compounded monthly. O $6307.94 O $6207.94 O S6107.94 $5907.94

Jun 10, 2022
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