Your friendsigns a promissory note for $2,000 for 30 days with a rate of 2.25% attached. After
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Your friendsigns a promissory note for $2,000 for 30 days with a rate of 2.25% attached. After fifteen days, you realize you need the money and sell the promissory to another friend to yield you 3.00%. What was the value of the note when you sold it? How much interest did your friend earn in interest (a dollar amount) for holding the promissory note for the last fifteen days?
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