Solve the problem.On June 4, Donaldson's Trucking accepts a $3100 note in settlement of a bill. The note is for 120 days at 10% interest. Donaldson sells the note at a 12% discount rate on July 17. Find the proceeds.
A. $3085.04
B. $3120.05
C. $3134.82
D. $3121.11
Answer: D
Mathematics
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D.
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A.
B.
C.
D.
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.
?
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