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stuck on this question. help needed. ----------------------------------------- ----------------------------------------- A promissory note has a face value of $3500 its issue date is Oct 25 with an

stuck on this question. help needed.

-----------------------------------------

A promissory note has a face value of $3500 its issue date is Oct 25 with an interest rate of 10%. the note is for 120 days and was sold on Dec 14th. it has a discount rate of 8%. calculate the proceeds from this note.

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