This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A holder of a $9000, 7%, 210-day note dated June 8 decides to sell the note at a discount based on ... (Read 105 times)

colton

  • Hero Member
  • *****
  • Posts: 627
on: Feb 26, 2020
A holder of a $9000, 7%, 210-day note dated June 8 decides to sell the note at a discount based on ordinary interest. The note is sold on July 18 at a discount of 12% using the banker's rule. Find the proceeds.
◦ $8836.68
◦ $9057.85
◦ $8770.64
◦ $8833.55
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by colton on Feb 26, 2020

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


colton

  • Member
  • Posts: 627
Reply 2 on: Feb 26, 2020
Thanks for the timely response, appreciate it

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Spotted hyena cubs in Limpopo, South Africa. Note the well defined spots, which will fade with age Spotted hyena cubs in Limpopo, South Africa. Note the well defined spots, which will fade with age
The patient interview often requires note taking. The patient interview often requires note taking.
(A) The name and shape of the adult teeth. These teeth represent those found in the right side of th (A) The name and shape of the adult teeth. These teeth represent those found in the right side of th
Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19 Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19
Milestones of Gross Motor Development in Infancy Age ranges provided are for 90% of American infant Milestones of Gross Motor Development in Infancy Age ranges provided are for 90% of American infant
Spinal cord plexuses. Note: Although there are seven cervical vertebrae, the first spinal nerve ... Spinal cord plexuses. Note: Although there are seven cervical vertebrae, the first spinal nerve ...
Video: Muscular System Animation

For a complete list of videos, visit our video library