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j22 j22
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Solve the problem. Round rates to the nearest tenth of a percent, dollar amounts to the nearest cent, and time to the nearest day.

A $6,000 note is signed, for 60 days, at a discount rate of 11%. Find the proceeds.

▸ $5,890.00

▸ $5,340.00

▸ $5,891.51

▸ $6,000.00
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Business Mathematics

Business Mathematics


Edition: 15th
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ramos1992ramos1992
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