Deidra Holmes held a $2,800, 90-day note dated April 28, bearing interest at 11%. On June 12, she took the note to Great Northern National Bank which discounted it at 16.5%. Use a 365-day year to find the missing information on the loan.

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The Answer of Deidra Holmes held a $2,800, 90-day note dated April 28, bearing interest at 11%. On June 12, she took the note to Great Northern National Bank which discounted it at 16.5%. Use a 365-day year to find the missing information on the loan.

Deidra Holmes Held a $2,800, 90-Day Note Dated April 28