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supersour supersour
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10 months ago
Solve the problem.

A holder of a $37,300, 7%, 90-day note dated June 1 decides to sell the note at a discount. The note is sold on July 23 at a discount of 11%. Find the proceeds.

▸ $37,500.48

▸ $37,672.32

▸ $37,139.31

▸ $37,512.08
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
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drdaviddrdavid
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