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bluerose501 bluerose501
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Complete the following for this interest-bearing note that is discounted at 11%. (Use 360 days.)

PrincipalRate of InterestTimeMaturity ValueDate Note MadeDate Note DiscountedDiscount PeriodProceeds
$50,00012%120 daysAApril 5May 20BC
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Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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