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the simple interest note was discounted at 15%. find the discount period in days and the proceeds. round to the nearest cent. Loan made: Oct

the simple interest note was discounted at 15%. find the discount period in days and the proceeds. round to the nearest cent.

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Loan made: Oct 13 Face value: $15,700 Length of loan: 100 days Rate: 10% Date of discount: Jan 4

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