The following loan is discounted. Find (a) the discount, (b) the amount of money received, and (c) the true interest rate. p=$2,900. Posted on April 6, 2021 | by wp The following loan is discounted. Find (a) the discount, (b) the amount of money received, and (c) the true interest rate. p=$2,900.00,r=5%,t=2years