Victor owes 6500 to virginia the loan is payable in one


Victor owes $6500 to Virginia. The loan is payable in one year at 6% interest. Virginia needs cash to pay medical bills,so four months before the loan is due,she sells the note (loan) to the bank. If the bank wants a return of 9% on its investment,how much should it pay Virgina for her note?

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Financial Management: Victor owes 6500 to virginia the loan is payable in one
Reference No:- TGS01465694

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