Solve the problem.
-A holder of a $21,600, 8%, 180-day note dated June 1 decides to sell the note at a discount. The note is sold on July 21 at a discount of 10%. Find the proceeds.
A)$21,646.56
B)$21,421.47
C)$21,815.04
D)$21,652.80

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The Answer of Solve the problem.
-A holder of a $21,600, 8%, 180-day note dated June 1 decides to sell the note at a discount. The note is sold on July 21 at a discount of 10%. Find the proceeds.
A)$21,646.56
B)$21,421.47
C)$21,815.04
D)$21,652.80

Solve the Problem. -A Holder of a $21,600, 8%, 180-Day Note Dated June