Question: Please show step by step why the green check mark is the correct answer. Thank you as a sale and that the bank charges an
Please show step by step why the green check mark is the correct answer. Thank you

as a sale and that the bank charges an 8% fee on the maturity value of the note. What amount did Lee receive when it discounted the note? Select one: a. $92,000 b. $99,360 c. $98,000 d. $93,333
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