Solve the problem.Ted owes $2000 to Mary. The loan is payable in 
at 
Mary needs cash, so 
before the loan is payable she goes to her bank which will pay her the maturity value of the note less a 
discount fee. Find the amount Mary will receive.
A. $2099.17
B. $80.67
C. $2119.33
D. $2038.67
Answer: C
Mathematics
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