M megers3 New member Joined Mar 10, 2010 Messages 2 Mar 10, 2010 #1 tom signed a note for $5000, that was to run 6 months. the bank gave him $4800. what is the $4800 called? is it called the discounted loan?
tom signed a note for $5000, that was to run 6 months. the bank gave him $4800. what is the $4800 called? is it called the discounted loan?
D Denis Senior Member Joined Feb 17, 2004 Messages 1,700 Mar 10, 2010 #2 megers3 said: what is the $4800 called? Click to expand... Cash that Tom got :idea:
