Valentino purchased a 60-day interest-bearing note at 3% p.a. that had a face value of $12,000. If
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Valentino purchased a 60-day interest-bearing note at 3% p.a. that had a face value of $12,000. If he settled the note in 30 days at a discounted rate of 4% p.a., calculate his proceeds.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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