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On June 1,2017 , a four-month promissory note for $1850 with interest at 5% was issued. Compule the proceeds of the note on August 28,2017
On June 1,2017 , a four-month promissory note for $1850 with interest at 5% was issued. Compule the proceeds of the note on August 28,2017 , if money is worth 6.5%. Ignore any grace period. The proceeds are $ (Round to the nearest cent as needed.)
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Frank Woods Business Accounting
Authors: Frank Wood. Sangster, Alan
12th Edition
0273759280, 9780273759287
