A six-month promissory note dated November 8, 2013 is made at 6% for $2900.00. What is the present value of the note thirty-eight days later if money is worth 7.2%?

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The Answer of A six-month promissory note dated November 8, 2013 is made at 6% for $2900.00. What is the present value of the note thirty-eight days later if money is worth 7.2%?

A Six-Month Promissory Note Dated November 8, 2013 Is Made