Maroon Corp. holds the following interest-bearig-notes. On Feb. 14, 2010 they are sold to a bank that charges 11and 3/4 % simple discount. Find the total proceeds. FV Dn tn r a.13900 Oct. 10 '09 4 mos. 13 and 1/8% b.14600 Dec. 23 '09 45 days 14 and 4/5 %

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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Maroon Corp. holds the following interest-bearig-notes. On Feb. 14, 2010 they are sold to a bank that charges 11and 3/4 % simple discount. Find the total proceeds. FV Dn tn r a.13900 Oct. 10 '09 4 mos. 13 and 1/8% b.14600 Dec. 23 '09 45 days 14 and 4/5 %

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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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