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Kylah Enterprises signs a 3 - month, noninterest - bearing note with a stated rate of 1 3 . 5 % and a maturity value

Kylah Enterprises signs a

3 -

month, noninterest

-

bearing note with a stated rate of

13.5 %

and a maturity value of $

215, 000 ?

What is the cash proceeds available to the borrower?

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