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OpenStudy (anonymous):
on march 30, wade thompson accepted a nine-month $32,250 promissory note at 7% interest from one of his clients to pay for some carpentry work he had completed. on april 27, he sold the note to hammond bank at 9.5% interest. what were his proceeds?
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OpenStudy (anonymous):
pleased help.....im not sure how to show the work on how to get the answer
OpenStudy (anonymous):
What does it mean to sell a note at an interest rate?
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