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October 1, 2014

Homework Help: Business Math

Posted by Virginia on Monday, November 5, 2012 at 8:29am.

Hafers, an electrical supply company, sold $4,800, 12%, 90-day note for a time extension of a bill for goods bought by Ron Prentice. On June 12, Scott discounted the note at Able Bank at 10%. What proceeds does Scott receive?

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