=+2. A business issued a $5,000, 60-day note to a supplier, which discounted the note at 12%.
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=+2. A business issued a $5,000, 60-day note to a supplier, which discounted the note at 12%. The proceeds are:
A. $4,400. C. $5,000.
B. $4,900. D. $5,100.
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