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OpenStudy (anonymous):
J. Ryan discounts an 80-day note for $15,000 at 12%. The bank discount is (assume ordinary interest): $14,600 $15,400 $400 $15,000 None of these
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OpenStudy (anonymous):
12/100=x/15000 x is the bank discount
OpenStudy (anonymous):
do you understand it?
OpenStudy (anonymous):
Yes thank you!
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