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Find the proceeds to the nearest cent when the following is discounted. Maturity value: $ 11,000 Discount period: 90 days Discount rate: 10.6% $ 10,712.49

Find the proceeds to the nearest cent when the following is discounted.

Maturity value: $ 11,000 Discount period: 90 days Discount rate: 10.6%

	$ 10,712.49
	$ 10,708.50
	$ 9,834.00
	$ 9,934.00

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