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Business, 28.07.2021 04:40 alexandria3498

Assuming a 360-day year, proceeds of $48,750 were received from discounting a $50,000, 90-day note at a bank. The discount rate used by the bank in computing the proceeds was

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Assuming a 360-day year, proceeds of $48,750 were received from discounting a $50,000, 90-day note a...
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