On april 12 sally accepted a 40000 8 180 day note from mary, Financial Management

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On april 12 sally accepted a 40000 8 180 day note from mary

On April 12, Sally accepted a $40,000, 8%, 180 day note from Mary Jones. On July 19, Sally sold the note to Acme Investments at a discount rate of 9%. How much does Mary Jones repay at the end of 180 days? Whom does Mary Jones repay? How much does Sally receive from Acme?

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Financial Management: On april 12 sally accepted a 40000 8 180 day note from mary

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Financial Management: On april 12 sally accepted a 40000 8 180 day note from mary

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