On July 18, Aui Lester Accepted a $15,000, 7%, 180-Day $3 / 4$

question 44

Short Answer

On July 18, Aui Lester accepted a $15,000, 7%, 180-day note from Ryan O'Flynn. On October 5, Aui discounted the note at Brome Bank at 8%. What proceeds did Aui receive? Use ordinary interest.
$3 / 4$ $1 / 4$

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Gerald Nye

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