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A building contractor gives a $15,500 promissory note to a plumber who has loaned him $15,500. The note is due in 9 months with interest

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A building contractor gives a $15,500 promissory note to a plumber who has loaned him $15,500. The note is due in 9 months with interest at 5%. Six months after the note is signed, the plumber sells it to a bank. If the bank gets a 6% return on its investment, how much will the plumber receive? Will it be enough to pay a bill for $15,756 ? How much will the plumber receive? (Round to the nearest cent as needed) Will it be enough to pay a bill for $15,756 ? A. No B. Yes

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