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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 78
The following interest-bearing promissory notes were discounted at a bank by the payee before maturity. Use the ordinary interest method (360 days) to solve for the missing information.
Explanation
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First find the maturity date of the note...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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