Business
Business, 02.07.2020 19:01, FlyingPig14

Chang Co. issued a $54,300, 120-day, discounted note to Guarantee Bank. The discount rate is 9%. Assuming a 360-day year, the cash proceeds to Chang Co. are . Round your answer to the nearest whole dollar. a.$54,707 b.$59,187 c.$52,671 d.$54,300

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Chang Co. issued a $54,300, 120-day, discounted note to Guarantee Bank. The discount rate is 9%. Ass...

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