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The following interest - bearing promissory note was discounted at a bank by the payee before maturity. Use the ordinary interest method, 3 6 0
The following interestbearing promissory note was discounted at a bank by the payee before maturity. Use the ordinary interest method, days, to calculate the missing information. Round dollars to the nearest cent. Face Value: $ Interest Rate : Date of Note: Sept. Term of Note days: Maturity Date: Maturity Value in $: Date of discount: Dec. Discount period days: Discount Rate : Proceeds in $:
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