Listen A 7 year. $4,500 promissory note bearing interest at 6% compounded monthly was sold after 2 years. The buyer want
Posted: Tue Apr 26, 2022 11:10 am
Listen A 7 year. $4,500 promissory note bearing interest at 6% compounded monthly was sold after 2 years. The buyer wanted a return of 5% compounded quarterly. What was the selling price of the note? Your Answer: