What were the proceeds that majorie received

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On November 1, Marjorie’s Clothing Store accepted a $5,200, 81%, 90-day note from Mary Rose in granting her a time extension on her On January 13, Marjorie discounted the note at Seawater Bank, which charged a 10% discount rate. What were the proceeds that Majorie received?

Reference no: EM131049276

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What were the proceeds that majorie received : On November 1, Marjorie’s Clothing Store accepted a $5,200, 81%, 90-day note from Mary Rose in granting her a time extension on her On January 13, Marjorie discounted the note at Seawater Bank, which charged a 10% discount rate. What were the proceed..

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