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You have got a promissory note that they will pay you $29,190 in 64 days time. When you bring this note to the bank for
You have got a promissory note that they will pay you $29,190 in 64 days time. When you bring this note to the bank for selling it now, the bank has discounted it at 6.21% pa compounding daily. How much will the bank pay you for selling the note today
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