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21-03-2024
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What is the present value of the five-year note issued on December 1, 2016, with interest at 4.5 % compounded monthly and discounted on May 1, 2019, at 6.8 % compounded quarterly?

Options:
a. $3580.25
b. $3752.50
c. $3924.75
d. $4100.00

Respuesta :

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