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Diana purchased a 90-day interest-bearing note at 4.90% p.a. that has a face value of $10,000.00 a. If she holds the note for the full
Diana purchased a 90-day interest-bearing note at 4.90% p.a. that has a face value of $10,000.00 a. If she holds the note for the full 90 days, calculate the maturity value of the note. Round to the nearest cent b. If the note is discounted 68 days from maturity at a rate of 6.40% p.a., calculate her proceeds. Round to the nearest cent
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