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PART B: QUESTION 2 (a) Mellisa received a 160-days promissory note and the note was discounted at a rate of 6%. The proceeds received were

PART B: QUESTION 2 (a) Mellisa received a 160-days promissory note and the note was discounted at a rate of 6%. The proceeds received were RM 25,000. Compute the maturity values of the note by using Banker's Rule. (6 marks)

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