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Rahim wants to buy new office equipment for rm8 000 with a

Question: Rahim wants to buy new office equipment for RM8, 000 with a 5% cash discount. Rahim needs more cash to pay the bill and is considering discounting a 130-day note dated May 4 with a maturity value of RM7, 000 at Security Bank at a discount rate of 9% on July 8. Should Rahim discount the note?

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Mathematics: Rahim wants to buy new office equipment for rm8 000 with a

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Mathematics: Rahim wants to buy new office equipment for rm8 000 with a

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