Mathematics, 12.10.2019 08:30 devbar3416

On march 12, bill jones accepted a $12,000 note in granting a time extension of a bill for goods purchased by ron prentice. terms of the note were 13% for 90 days. on april 24, bill could no longer wait for the money and discounted the note at able bank at a discount rate of 14%. the proceeds to bill is:

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On march 12, bill jones accepted a $12,000 note in granting a time extension of a bill for goods pur...