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On june 1,2017, a four-month promisorry note for $1850 with interest at 5% was issued. Compute the proceeds of the note on August 28,2017, if money...
On june 1,2017, a four-month promisorry 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.