How much would she have originally made as profit, Financial Accounting

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How much would she have originally made as profit

Problem

Darcy holds a 200 day note from Brenda. This note was given by Brenda to Darcy since the former owes the latter $69,000. The simple interest note is dated Dec. 28 and carries an interest of 8%. The note is then sold by Darcy to a bank on March 17 at a discount rate of 12%.

Let's say Darcy does not sell the note. How much would she have originally made as profit?

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Financial Accounting: How much would she have originally made as profit

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Financial Accounting: How much would she have originally made as profit

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