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Need Help? Watch Talk toTer 10. (-/5 Points DETAILS BRECMBC9 10.111.016. MY NOTES ASK YOUR...

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Accounting

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Need Help? Watch Talk toTer 10. (-/5 Points DETAILS BRECMBC9 10.111.016. MY NOTES ASK YOUR TEACHER The following interest bearing promissory note was discounted at a bank by the payee before maturity. Use the ordinary interest method, 360 days, to calculate the missing information (Round dollars to the nearest cent.) Face Value Interest Rate (9) Date of Note Term of Note (days) Maturity Date Maturity Value (in ) $2,600 12 Mar 70 Sale $ Date of Discount Discount Period (day) Discount Rate (6) Proceeds (in ) Apr 15 19 Nood Help? Pad Tule to a Od

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