Mathematics, 03.12.2019 10:31 ilarheab

On january 26, nyree co. borrowed cash from conrad bank by issuing a 45-day note with a face amount of $150,000. assume a 360-day year.

determine the proceeds of the note, assuming the note carries an interest rate of 10%.

determine the proceeds of the note, assuming the note is discounted at 10%.

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On january 26, nyree co. borrowed cash from conrad bank by issuing a 45-day note with a face amount...