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Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
Question List for "Business Math"
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Last post
Business
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The discount period of a note is the number of days the bank holds the note until it matures.
Started by
rayancarla1
66
Feb 26, 2020
Business
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If a business receives a promissory note as payment for the sale of goods and in turn sells the note ...
Started by
jon_i
82
Feb 26, 2020
Business
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Jeff Rakhnovich has a simple discount note for $35,000 at an ordinary bank discount rate of 7%, for ...
Started by
Pea0909berry
96
Feb 26, 2020
Business
»
Sam Peters needs to calculate the effective interest rate of a simple discount note for $4000, at an ...
Started by
piesebel
332
Feb 26, 2020
Business
»
If you borrow money from a bank and the bank collects its fee at the time the loan is made, the fee ...
Started by
scienceeasy
68
Feb 26, 2020
Business
»
A promissory note typically contains which of the following:
Started by
nmorano1
27
Feb 26, 2020
Business
»
In a simple discounted note, the face value and the maturity value are the same amount.
Started by
renzo156
64
Feb 26, 2020
Business
»
The amount the maker of a discounted note receives is called the maturity value.
Started by
lracut11
52
Feb 26, 2020
Business
»
The face value of a promissory note is the amount due to be paid at maturity.
Started by
evelyn o bentley
77
Feb 26, 2020
Business
»
The length of time for which money is borrowed is called the term of a promissory note.
Started by
leo leo
64
Feb 26, 2020
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