A six-month non-interest-bearing note was issued on August 08, 2017 for $1750. The note was discounted at

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A six-month non-interest-bearing note was issued on August 08, 2017 for $1750. The note was discounted at 6.75% p.a. on October 30, 2017. Calculate the proceeds of the note.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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