Question: Sandra Baker held a $3,500, 70-day note dated March 14, bearing interest at 10%. On April 14, she took the note to Loyal Capital Bank

Sandra Baker held a $3,500, 70-day note dated March 14, bearing interest at 10%. On April 14, she took the note to Loyal Capital Bank which discounted it at 15%. Use a 365-day year to find the missing information on the loan.

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