Jim Peterson signs a single discount note with a face value of $35000 so that he can purchase a truck with plow for his snow removal business The banker discount the 10 month at 9 what will be the amount of discount and the proceeds

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Jim Peterson signs a single discount note with a face value of $35000 so that he can purchase a truck with plow for his snow

Jim Peterson signs a single discount note with a face value of $35000 so that he can purchase a truck with plow for his snow removal business. The banker discount the 10 month at 9%. what will be the amount of discount and the proceeds.

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