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Question 13 of 20 Cody purchased an interest-bearing promissory note for $4,000.00 at 4.00% p.a., due in 30 days. If he sold the note in
Question 13 of 20 Cody purchased an interest-bearing promissory note for $4,000.00 at 4.00% p.a., due in 30 days. If he sold the note in 12 days by discounting it at 5.00% p.a., calculate the proceeds of the note. Round to the nearest cent
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