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Jamia discounts an 80-day note for $15,000 at 12%. The bank discount is (assume ordinary interest):

danyyzz

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6 months ago

Jamia discounts an 80-day note for $15,000 at 12%. The bank discount is (assume ordinary interest):

▸

$14,600

▸

$15,400

▸

$400

▸

$15,000

▸

None of these

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

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satish1015

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6 months ago

More solutions for this book are available here

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danyyzz Author

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Thanks

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