Yo Yogurt received a promissory note of $15,500 for 16 months at 8% simple interest from one of its customers. After 9 months, the note was discounted at Gassaway Bank at a discount rate of 10%. What are the proceeds Yo Yogurt will receive from the discounted note? (Round to the nearest cent)
A. $13,846.67
B. $16,152.72
C. $17,153.33
D. $14,595.83
Answer: B
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a. True b. False Indicate whether the statement is true or false
You need $32,000 at the end of 6 years. If you can earn 0.625% per month, how much would you need to invest today to meet your objective?
A) $17,600 B) $18,319 C) $20,735 D) $20,433
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Answer the following statement true (T) or false (F)
A structured approach to shifting/transitioning individuals, teams, and organizations from a current state to a desired future state
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