A 6-month non-interest-bearing promissory note issued on September 30, 2015 for $3,300 was discounted at 5.25% on December 1. What were the proceeds of the note?

Name: A 6-month non-interest-bearing promissory note issued on September 30, 2015 for $3,300 was discounted at 5.25% on December 1. What were the proceeds of the note?
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The Answer of A 6-month non-interest-bearing promissory note issued on September 30, 2015 for $3,300 was discounted at 5.25% on December 1. What were the proceeds of the note?

A 6-Month Non-Interest-Bearing Promissory Note Issued on September 30, 2015