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

Author Question: Determine the compound discount on $18 875 due in 7.75 years if interest is 9.72% compounded monthly. (Read 683 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 6, 2019

Question 1

A $17 200 debt will accumulate for six years at 11.6% compounded semi-annually. For how much will the debt sell four years after it was incurred if the buyer of the debt charges 9% compounded quarterly?

Question 2

Determine the compound discount on $18 875 due in 7.75 years if interest is 9.72% compounded monthly.
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sc00by25 on Jun 6, 2019

qytan

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 6, 2019
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 45% of students answer this correctly


sc00by25

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Jun 6, 2019
Excellent


qytan

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jun 6, 2019
Great! Please up vote :D


priya Choudhary

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Oct 31, 2020
Thank you


Rajkanwer Singh

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Jul 27, 2021
thank  you


« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

compound eye of a noctuid moth compound eye of a noctuid moth
Using Parallax to Determine Distance Using Parallax to Determine Distance
Abundant cave art after about 30,000 years ago is evidence of the importance of symbolic behavior fo Abundant cave art after about 30,000 years ago is evidence of the importance of symbolic behavior fo
Determine the enthalpy change of this reaction Determine the enthalpy change of this reaction
Determine the mass percent of Fe3+ in a 0.546g sample of iron ore, if 22.40 mL of a 0.1000 M ... Determine the mass percent of Fe3+ in a 0.546g sample of iron ore, if 22.40 mL of a 0.1000 M ...
Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ... Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ...
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library