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Mathematics, 28.07.2019 11:30 zitterkoph

Karim darmati holds a note of $7,000 that has a discount rate of 14%. the note was made on march 8 and is due october 19. karim sells the note to first city bank on july 16 at a discount rate of 10%. find the proceeds to karim. be sure to change the date worksheet to a 360-day year before calculating number of days. round your answer to the nearest whole dollar.

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