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On Oct 25, 2018, Yolly draws a note in favor of Mare promising to pay P240,000 including interest at the end of 4 months. Find

  1. On Oct 25, 2018, Yolly draws a note in favor of Mare promising to pay P240,000 including interest at the end of 4 months. Find the proceeds for Mare if the note was discounted for her at 16.5% on January 15, 2019.

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