Marcia Driscoll held a $2,650, 90-day, non-interest-bearing note dated September 15. On October 15, she took the note to a bank which discounted the note at 13%. Use a 365-day year to find the missing information on the loan.

Question

Marcia Driscoll held a $2,650, 90-day, non-interest-bearing note dated September 15. On October 15, she took the note to a bank which discounted the note at 13%. Use a 365-day year to find the missing information on the loan.
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Quizplus · Accepted Answer

The Answer of Marcia Driscoll held a $2,650, 90-day, non-interest-bearing note dated September 15. On October 15, she took the note to a bank which discounted the note at 13%. Use a 365-day year to find the missing information on the loan.
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Marcia Driscoll Held a $2,650, 90-Day, Non-Interest-Bearing Note Dated September