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Mathematics, 14.01.2020 06:31 kenzie9493

Ryan furniture wants to buy new office equipment for $8,000 with a 5% cash discount. ryan needs more cash to pay the bill and is considering discounting a 130-day note dated may 4 with a maturity value of $7,000 at security bank at a discount rate of 9% on july 8. should ryan discount the note?

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Ryan furniture wants to buy new office equipment for $8,000 with a 5% cash discount. ryan needs more...

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