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Business, 07.03.2020 01:26 lachlyn40

Ron Prentice bought goods from Shelly Katz. On May 8, Shelly gave Ron a time extension on his bill by accepting a $3,000, 8%, 180-day note. On August 16, Shelly discounted the note at Roseville Bank at 9%. What proceeds does Shelly Katz receive?

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Ron Prentice bought goods from Shelly Katz. On May 8, Shelly gave Ron a time extension on his bill b...
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