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    Practical Business Math Procedures Study Set 2
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    Exam 11: Promissory Notes, Simple Discount Notes, and the Discount Process
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    In Discounting an Interest-Bearing Note, the Discount Period Represents
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In Discounting an Interest-Bearing Note, the Discount Period Represents

Question 100

Question 100

Multiple Choice

In discounting an interest-bearing note, the discount period represents:


A) Maturity date
B) Date of original note
C) Number of days from date of discount to date of maturity
D) Number of days from date of original note to date of maturity
E) None of these

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