Solved: The following interest-bearing promissory notes were discounted at a bank by the

Chapter 0, Problem 25

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The following interest-bearing promissory notes were discounted at a bank by the payee before maturity. Use the ordinary interest method (360 days) to solve for the missing information. $5,500 13 1 __ 2 June 17 69 July 22 13.7

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