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supersour supersour
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10 months ago
Solve the problem.

Tech Support Associates accepts a $8,360, 7%, 180-day note for service equipment. The note is dated Sep 2. On Oct 18 the firm discounts the note at a bank, at a 9% discount rate. Find the proceeds.

▸ $8,360.57

▸ $8,290.47

▸ $8,362.74

▸ $8,427.15
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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Ranim_SaleemRanim_Saleem
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