Question

electric company sold $3000 of equipment to jom. Jim signed a promissory note may 12 with 3.0 interest. the due date was august 10. short of funds he contacted one bank on July 20. the bak agreed to take over the note at a 4.7% discount. what will the proceeds be?

Answer 1

Because of the resulting poor credit score due to the identity theft and the fact ... On August 16, Shelly discounted the note at Roseville Bank at 9%. ... 10) Hafers, an electrical supply company, sold$4,800 of equipment to Jim Coates Wiring, Inc. Coates signed a promissory note May 12 with 4.5%interest