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face value = 2 8 0 0 0 rate of interest = 1 0 % length of note = 7 0 days maturity value? date

face value

= 28000

rate of interest

= 10 %

length of note

= 70

days

maturity value?

date of note

=

october

10

date note discounted

=

november

12

discount period?

bank discount?

proceeds?

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