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Mathematics, 09.10.2021 14:00 Elency

Nita Darmadi bought goods from George Marks. On Feb. 26, George gave Nita a time extension on her bill by accepting a $4,800, 6%, 155-day note. On May 18, George discounted the note at Roseville Bank at 11%. What proceeds does George receive? (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.)

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