Question: Lee.com accepted a $ 7 0 , 0 0 0 , 6 3 4 % , 1 2 0 - day note on July 2

Lee.com accepted a $70,000,634%,120-day note on July 26. Lee discounts the note on October 28 at LB Bank at 6%. What
proceeds did Lee receive? (Use Days in a year table.)
Note: Round your answer to the nearest cent.
Answer is complete but not entirely correct.
Lee.com accepted a $70,000,634%,120-day note on July 26. Lee discounts the

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