Question: Find the discount and proceeds on a $3,250 face-value note for three months if the discount rate is 9.1%. (Use the banker's rule.) The discount
Find the discount and proceeds on a $3,250 face-value note for three months if the discount rate is 9.1%. (Use the banker's rule.) The discount is $ (Round to the nearest cent as needed.) The proceeds are $ (Round to the nearest cent as needed.)
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