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Fahad has a $10,000 note at 10% simple interest for 180 days dated March 4. Forty-five days after March 4, Fahad sold the note to
Fahad has a $10,000 note at 10% simple interest for 180 days dated March 4. Forty-five days after March 4, Fahad sold the note to KDS Bank at 12% discount interest rate. Find the (a) maturity value of the note and (b) proceeds
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