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Lee.com accepted a $70,000, 634%634% , 120-day note on July 26. Lee discounts the note on October 28 at LB Bank at 6%. What proceeds
Lee.com accepted a $70,000, 634%634% , 120-day note on July 26. Lee discounts the note on October 28 at LB Bank at 6%. What proceeds did Lee receive? (Use Days in a year table.) (Round your answer to ...
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