document.write( "Question 1193754: Please help me with the homework.\r
\n" ); document.write( "\n" ); document.write( "1. A promissory note dated 1 April 2021 for 1500, borrowed at a simple discount rate of 16% p.a. due on the 1 October 2021 is sold on the 1 July 2021.
\n" ); document.write( "1.1. what is the maturity value of the note?
\n" ); document.write( "1.2. what is the present value on the date of sale?
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Algebra.Com's Answer #825855 by ikleyn(52812)\"\" \"About 
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\n" ); document.write( "\n" ); document.write( "See my response under this link\r
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\n" ); document.write( "\n" ); document.write( "https://www.algebra.com/algebra/homework/Finance/Finance.faq.question.1193795.html\r
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