The amount of money that the borrower receives at the time a discounted note is made is known as the

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21-03-2016
Mathematics

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The amount of money that the borrower receives at the time a discounted note is made is known as the

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Hagrid Hagrid · Answer 1 · 2016-03-21T04:51:45+01:00

Hagrid Hagrid

21-03-2016

It's the proceeds that are widely considered as the actual amount of money made that the borrower receives. Note that it's considered as that once the discounted note as been calculated and provided to the client who borrowed the money, too.

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