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Ireland Corporation obtained a $50,000 note receivable from a customer on June 30, 2018. The note, along with interest at 6% is due on June
Ireland Corporation obtained a $50,000 note receivable from a customer on June 30, 2018. The note, along with interest at 6% is due on June 30, 201 On September 30, 2018, Ireland discounted the note at Cloverdale bank. The bank's discount rate is 10%. what amount of cash did i eland receive from Cloverdale Bank? Multiple Choice $45,000 $50,750 $49025 $46,025
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