Homework Help: business math

Posted by john on Sunday, March 15, 2009 at 1:35pm.

Ron bought goods from shelly katz. On may 8, shelly gave ron a time extension on his bill by accepting a $3000, 8%, 180 day note. On august 16, shelly discounted the note at Roseville bank at 9% what proceeds does shelly rerceive?

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