business analysis problem
- ashworth-college / EC 450
- 10 Sep 2019
- Price: $8
- Other / Other
Find the proceeds for the following simple discount notes. Adrienne Vu borrowed $12,500 at 7.5% simple interest for 280 days on February 4. The bank later sold the note at an 8% discount on February 28. Find the proceeds to the bank.
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