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On March 31, Dower Publishing discounted a $41,000 note at a local bank. The note was dated February 28 and required the payment of the

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On March 31, Dower Publishing discounted a $41,000 note at a local bank. The note was dated February 28 and required the payment of the principal amount and interest at 8% on May 31 . The bank's discount tate is 10% How much cash will Dower recelve from the bank on March 31 ? Answer is complete but not entirely correct

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