What are your proceeds-discount rate and discount period

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Reference no: EM131294308

You are the payee teacher is the maker of promissory note:

1. $50,000/6 months/4%

2. $20,000/90 days/8%

Discount both notes at a rate of 14% at half the maturity date.

What are your proceeds, discount rate and discount period?

Reference no: EM131294308

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