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Business, 30.12.2020 17:40 tonii01

Tom signed a note for $3,000, which is to be paid off in 12 months. He owes the $3,000 plus 9% interest when the note is due. An investor buys the note at a 20% discount. What is the amount paid by the investor

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Tom signed a note for $3,000, which is to be paid off in 12 months. He owes the $3,000 plus 9% inter...

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