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Author Question: Tech Support Associates accepts a $8010, 8%, 120-day note for service equipment. The note is dated ... (Read 984 times)

tuffie

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Tech Support Associates accepts a $8010, 8%, 120-day note for service equipment. The note is dated Sep 9 and is based on ordinary interest. On Oct 21 the firm discounts the note at a bank, at a 10% discount rate using the banker's rule. Find the proceeds.
◦ $7972.28
◦ $8043.14
◦ $8045.42
◦ $8081.06


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Marked as best answer by tuffie on Feb 26, 2020

fur

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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.
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