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1 1 Descriptors are provided below for six situations Involving notes recelvable belng discounted at a bank. In each case, the maturlty date of the
Descriptors are provided below for six situations Involving notes recelvable belng discounted at a bank. In each case, the maturlty date of the note Is December and the principal and interest are due at maturity. For each situation, determine the proceeds recelved from the bank on discounting the note.
Note: Do not round Intermedlate calculations. Round your final answers to the nearest whole dollar.
points
tableNotetableFacealueDate of Note,tableInterestRatetableDateDiscountedtableDiscountRatetableProceedsReceived$
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