Question: ******* Proceeds from Notes Payable On January 26, Nyree Co. borrowed cash from Conrad Bank by issuing a 45-day note with a. Determine the proceeds

******* Proceeds from Notes Payable On January 26, Nyree Co. borrowed cash from Conrad Bank by issuing a 45-day note with a. Determine the proceeds of the note, assuming the note carries an interest rate of 8%. 150000 X b. Determine the proceeds of the note, assuming the note is discounted at 8%. $ Feedback Check My Work The proceeds equal the cash initially received. Proceeds represents how much in value

Proceeds from Notes Payable On January 26, Nyree Co. borrowed cash from Conrad Bank by issuing a 45 -day note with a. Determine the proceeds of the note, assuming the note carries an interest rate of 8%. x b. Determine the proceeds of the note, assuming the note is discounted at 8%. Feedback Check My Work The proceeds equal the cash initially received. Proceeds represents how much in valu

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