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A note for BD 3300 dues after 2 years was converted into cash at NBB Bank, the discounted -2.15 rate was 10% annually and the
A note for BD 3300 dues after 2 years was converted into cash at NBB Bank, the discounted -2.15 rate was 10% annually and the bank deducted 0.5% as a commission and 2% as a collection *.charge. Calculate the Net Present Value by using compound interest (alba 12)
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