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Joselito loaned 35,000 for 100 days at 9.5%. After 45 days he took the note to the bank to discount it at 10.8%. What is

Joselito loaned 35,000 for 100 days at 9.5%. After 45 days he took the note to the

bank to discount it at 10.8%. What is the amount of proceeds?

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