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Find the proceeds if the discount rate

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To finance a new electronic sign to put in front of a retail store, mustang auto signs a 6 month, simple discount note with maturity value of $4500. Find the proceeds if the discount rate is 10.5%?

Reference no: EM132494624

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Find the proceeds if the discount rate : To finance a new electronic sign to put in front of a retail store, mustang auto signs a 6 month, simple discount note with maturity value of $4500.
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