Question: A) A note with maturity value $2300 is discounted at 3% for 2 years. What are the proceeds? The proceeds are ___$. B) A note

A) A note with maturity value $2300 is discounted at 3% for 2 years. What are the proceeds?

The proceeds are ___$. B) A note is discounted at 5% for eight months and has proceeds of $4300. What is the maturity value?

The maturity value is ___$.

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