8) Face value: $4,000 Interest rate: 12% Term: 6 months Discount period: 3 months find: maturity value:? Proceeds:?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
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8) Face value: $4,000 Interest rate: 12% Term: 6 months Discount period: 3 months find: maturity value:? Proceeds:?

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