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Use ordinary interest: (Round your Proceeds answer to the nearest cent.) Time Maturity Value Disount Period Proceeds Principal Rate of Interest 60,000 14 % Date

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Use ordinary interest: (Round your "Proceeds" answer to the nearest cent.) Time Maturity Value Disount Period Proceeds Principal Rate of Interest 60,000 14 % Date Note Made Jul 05 Date Note Discounted Jul 20 $ 60 days days Note to be discounted at 11%

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