On December 1 . 2014, Laramie Company received a $10,000, 60-day, 6% note from a customer. On December 31 . 2014, the company discounted the note at the bank. The bank's discount rate is 9%. What were the proceeds that Barnes received from the discounting of the note?
a. $10,024.25
b. $9,700.00
c. $9,924.25
d. $10,050.00
A
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