Question: Proceeds from Notes Payable On Jenuary 26 , Nova Co. borrowed cash from Conrad Bank by issuing a 60 -day note with a face amount

Proceeds from Notes Payable On Jenuary 26 , Nova Co. borrowed cash from Conrad Bank by issuing a 60 -day note with a face amount of $66,000. Assume a 360 -day year. a. Determine the proceeds of the note, assuming the note carries an interest rate of 6%. x b. Determine the proceeds of the note, assuming the note is discounted at 6%, x - Crack My Won

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