# College Math

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i'm having trouble calculating this. can someone help please?

A \$7,000, 4%, 120-day note, dated March 20, is discounted on July 15. Assuming a 3% discount rate, the bank discount is:
a) \$1.74
b) \$1.77
c) \$7.11
d) \$17.68
e) None of these

.

• College Math -

• College ALGEBRA -

. Solve for the unknown in the equation.
3x – 1 = 8

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