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9 November, 03:26

Find the proceeds for the simple discount note.

Face value $15,000, discount rate 6.5%, time 70 days

$14,813.01

$186.99

$14,810.42

$189.58

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  1. 9 November, 07:17
    0
    15000 - (15000*0.065*70/360)

    =14810.42
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