Mathematics, 16.08.2021 23:00 PerfectMagZ
A holder of a $9000, 7%, 210-day note dated June 8 decides to sell the note at a discount based on ordinary interest. The note is sold on July 18 at a discount of 12% using the banker's rule. Find the proceeds.
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A holder of a $9000, 7%, 210-day note dated June 8 decides to sell the note at a discount based on o...
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