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Home Q & A Board Science-Related Homework Help Mathematics
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Eieio Eieio
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A year ago
Deidra Holmes held a $2,800, 90-day note dated April 28, bearing interest at 11%. On June 12, she took the note to Great Northern National Bank which discounted it at 16.5%. Use a 365-day year to find the missing information on the loan.

Interest Amount:__________
Maturity Value:__________
Maturity Date:__________
Days of Discount:__________
Discount Amount:__________
Proceeds:__________
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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IcerX2050IcerX2050
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A year ago
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