Solve the Following Proportion

question 238

Multiple Choice

Solve the following proportion.

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Definitions:

First Bank

Historically, refers to the initial bank established in a region or country, or the earliest phase of banking service provision.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money, either on demand or at a specified future date.

Maturity Date

The specified date on which the principal amount of a financial instrument, such as a bond, loan or fixed deposit, is due to be repaid.

Negotiability

The quality of being transferable by endorsement or delivery so as to enable the holder to pass title to a third party.