[Solved] On May 4, a company accepted an $8200 not

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On May 4, a company accepted an $8200 note in settlement of a bill. The note was for 190 days at 8.75% simple interest. If

On May 4, a company accepted an $8200 note in settlement of a bill. The note was for 190 days at 8.75% simple interest. If the company sells the note to a loan company at a 12.0% discount 60 days after receipt,

the bank discount?

The proceeds are?

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