Business, 16.11.2020 18:10 lisnel

Anderson Co. issued a $40,216, 60-day, discounted note to National Bank. The discount rate is 10%. At maturity, assuming a 360-day year, the borrower will pay:.a. $40,216.b. $39,546.c. $40,886.d. $49,500.

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Anderson Co. issued a $40,216, 60-day, discounted note to National Bank. The discount rate is 10%. A...