Find the discount and proceeds on a 3240 face-value note
Find the discount and proceeds on a ?$3,240 ?face-value note for three months if the discount rate is 9.2?%. ?(Use the? banker's rule.)
The discount is ?$
?(Round to the nearest cent as? needed.)
Now Priced at $10 (50% Discount)
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find the discount and proceeds on a 3240nbspface-value note fornbspthreenbspmonths if the discount rate isnbsp92 use
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