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A 100-day note for $2100 bears interest at 7% and is sold 20 days before maturity to a bank that uses a simple interest rate

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A 100-day note for $2100 bears interest at 7% and is sold 20 days before maturity to a bank that uses a simple interest rate of 9.5%. What are the proceeds? 2131.39 2130.39 None of these options 2141.48 2133.40

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