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shbensonjr shbensonjr
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3 months ago

Morris Bank discounts a 100-day note for $6,000 at 11%. Find (A) bank discount and (B) proceeds. Use ordinary interest.

Note: Round to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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omolola69omolola69
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3 months ago
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shbensonjr Author
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3 months ago
Correct Slight Smile TY
Shuqin
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Yesterday
Good timing, thanks!
Gamiung3657
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2 hours ago
Thank you, thank you, thank you!
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