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Business, 22.12.2021 21:10 edandjill24

American Bank has loaned $12,000 to Shoreline Petroleum Inc. using a 60-day non-interest-bearing note. The bank discounted the note at 12%. The proceeds of the loan will be a.$12,000. b.$240. c.$11,760. d.$12,240.

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American Bank has loaned $12,000 to Shoreline Petroleum Inc. using a 60-day non-interest-bearing not...
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