A building contractor gives a $12,500 promissory note to a plumber who has loaned him $12,500....

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A building contractor gives a $12,500 promissory note to a plumber who has loaned him $12,500. The note is due in 9 months with interest at 7%. Three months after the note is signed, the plumber sells it to a bank. If the bank gets a 8% return on its investment, how much will the plumber receive? Will it be enough to pay a bill for $12,570? How much will the plumber receive? $ (Round to the nearest cent as needed.) Will it be enough to pay a bill for $12,570? A. Yes OB. No A building contractor gives a $12,500 promissory note to a plumber who has loaned him $12,500. The note is due in 9 months with interest at 7%. Three months after the note is signed, the plumber sells it to a bank. If the bank gets a 8% return on its investment, how much will the plumber receive? Will it be enough to pay a bill for $12,570? How much will the plumber receive? $ (Round to the nearest cent as needed.) Will it be enough to pay a bill for $12,570? A. Yes OB. No