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Sparkle production accepted a $25,000, 8%, 120 day note on July 8. It discounted the note on September 4 at Harvest Bank at 7%. What

Sparkle production accepted a $25,000, 8%, 120 day note on July 8. It discounted the note on September 4 at Harvest Bank at 7%. What proceeds did Sparkle Productions receive? Use ordinary interest

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