Find the proceeds of a $4559.96, 6-year note bearing interest at 6.5%compounded semi-annually, discounted 2.5 years after the date of issue at4.8% compounded annually.The proceeds are $(Round to the nearest cent as needed. Round all intermediate values to sixdecimal places as needed.)

Notes are issued at specified rate of interest and they are paid on maturity at specified rate but…

Answered: Find the proceeds of a $4559.96, 6-year…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 18P

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Find the proceeds of a $3704.02, 9-year note bearing interest at 6.5% compounded annually, discounted 4 years after the date of issue at 4.4% compounded quarterly. The proceeds are $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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K Find the proceeds of a $3525.92, 6-year note bearing interest at 2% compounded semi-annually, discounted 1.5 years after the date of issue at 8% compounded annually -COD The proceeds are S (Round to the nearest cent as needed Round all intermediate values to six decimal places as needed)
A $5000.00, six-year note bearing interest at 8.24% compounded quarterly, discounted three and a half years after the date of issue at 6.6% compounded monthly. Find the proceeds.
a 9 year promissory nate for 6277 dated today bearing interest at 3% compounded quarterly is discounted for years after the date of issue at 6% compounded semi-annually. What are the proceeds of the notes?
A ten-year note for $1300 bearing interest at 6% compounded monthly is discounted at 8% 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 values to six decimal places as needed.)
An individual purchased a 5-year, $10,000 promissory note with an interest rate of 4.5%/year compounded semiannually. How much did the note cost? (Round your answer to the nearest cent.)
K Three years, three months before its due date, a five-year note for $4213.78 bearing interest at 5.2% compounded quarterly is discounted at 2.4% compounded annually. Find the compound discount. www The compound discount is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Find the compound amount and the amount of interest earned by the following deposit. $5,000 at 7.59% compounded continuously for 8 years. What is the compound amount? (Round to the nearest cent.)
If $1000 is deposited at the end of each year for 5 years into an ordinary annuity earning 8.99% compounded annually, construct a balance sheet showing the interest earned during each year and the balance at the end of each year. Complete the balance sheet. Period Amount Interest Balance 1 $1000.00 2 $1000.00 3 $1000.00 4 $1000.00 $ $4 $1000.00 $4 $ (Round to the nearest cent as needed.)
A ten-year promissory note dated April 1, 2001, with a face value of $4700.00 bearing interest at 7.2% compounded semi-annually, discounted seven years later when money was worth 9.92% compounded monthly. Find the proceeds. O $ 7064.9 O $74537.57 $ 7088.88 $7493.87

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Find the proceeds of a $4559.96, 6-year note bearing interest at 6.5% compounded semi-annually, discounted 2.5 years after the date of issue at 4.8% compounded annually.