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Find the bank discount and proceeds using ordinary interest on an unsecured promissory note made to Kari Williams for $22,000 at 3.
Find the bank discount and proceeds using ordinary interest on an unsecured promissory note made to Kari Williams for $22,000 at 3.8% annual simple interest from April 19 to September 21 for this year. Use the steps below to find your answers.
a)