Question:
Robinson s an electrical supply company sold 3 200 of
Last updated: 4/3/2024
![Robinson s an electrical supply company sold 3 200 of](https://media.kunduz.com/media/sug-question-candidate/20240403012603233542-5506401.jpg?h=512)
Robinson s an electrical supply company sold 3 200 of equipment to Jim Coates Wiring Incorporated Coates signed a promissory note May 12 with 3 2 interest The due date was August 10 Short of funds Robinson s contacted Capital One Bank on July 20 the bank agreed to take over the note at a 4 9 discount Use Days in a year table What proceeds will Robinson s receive Note Use 360 days a year Do not round intermediate calculations Round your final answer to the nearest cent Proceeds received