Solve the problem.Twin City Freezer accepts a note with face value of $6,920 on June 1. The note is for 90 days at 8% interest. The note is discounted on July 24 at 9%. Find the proceeds.

A. $6,993.11
B. $7,000.36
C. $6,991.35
D. $6,912.36


Answer: A

Mathematics

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