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Discounting of Notes
Questions (2)
A business issued a $9000, 120-day note to a supplier which discounted the note at 9%. The proceeds are:
1 answer
asked by
Alex
359 views
A six-month note would mature on 15 December 2020 with a maturity value of RM3750. The
note is discounted two months before the
3 answers
asked by
chun
864 views
Parent Categories (2)
Banking and Loans
Financial Mathematics
