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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?

  • math -

    Solve this the same way as the other problem I just answered. Compute the present value of the note and discount it 9%

  • math -

    245.45

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