Question: Help Save & Exit Submit Ireland Corporation obtained a $50,000 note receivable from a customer on June 30, 2024. The note, along with interest

Help Save & Exit Submit Ireland Corporation obtained a $50,000 note receivable

Help Save & Exit Submit Ireland Corporation obtained a $50,000 note receivable from a customer on June 30, 2024. The note, along with interest at 4%, is due on June 30, 2025. On September 30, 2024, Ireland discounted the note at Cloverdale bank. The bank's discount rate is 8%. What amount of cash did Ireland receive from Cloverdale Bank? Multiple Choice $50,500 $46,000 146000 $48.00

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