On July 18, Lester accepted a $15,000, 7 3/4%, 180-day note from Ryan O'Flynn. On October 5, Lester discounted the note at Brome Bank at 8 1/4%, What proceeds did Lester receive? Use ordinary interest.
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Home » Mathematics » On July 18, Lester accepted a $15,000, 7 3/4%, 180-day note from Ryan O'Flynn. On October 5, Lester discounted the note at Brome Bank at 8 1/4%, What proceeds did Lester receive? Use ordinary interest.