Question: Hernandez decided to borrow $ 8 5 , 0 0 0 for 1 0 months. She found that the bank would lend to her if

Hernandez decided to borrow $85,000 for 10 months. She found that the bank would lend to her if only she had a cosigner, on that note fortunately her uncle was a successful business owner, and he agreed to cosign. Bank one offered the funds at a 10% simple discount. Find the maturity value of the loan and the discount

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