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A company received the following bill during 2021. The bills were discounted on the date and at the rate indicated. Date Interest rate Term
A company received the following bill during 2021. The bills were discounted on the date and at the rate indicated. Date Interest rate Term Discount rate Principal Date amount discounted Jul 15 $6000 6% 6 months Oct 15 8% The proceeds from the sale of the bill are:
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Payroll Accounting 2016
Authors: Jeanette Landin, Paulette Schirmer
2nd edition
978-1259821950, 1259821951, 1259572196, 978-1259572197
