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Alexander purchased an interest-bearing promissory note for $2,000.00 at 2.00% p.a., due in 30 days. a. If he holds the note for the full 30

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Alexander purchased an interest-bearing promissory note for $2,000.00 at 2.00% p.a., due in 30 days. a. If he holds the note for the full 30 days, calculate the maturity value of the note. Round to the nearest cent b. If he sold the note in 12 days by discounting it at 3.00% p.a., calculate the proceeds of the note. Round to the nearest cent

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