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(1 point) A 150-cay note for $1500 bears interest at 8.5% and is sold 50 days before the due date to a bank that uses

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(1 point) A 150-cay note for $1500 bears interest at 8.5% and is sold 50 days before the due date to a bank that uses a simple interest rate of 10% What are the proceeds

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