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

Author Question: Find the proceeds of a non-interest-bearing promissory note for $175 500 discounted 54 months before ... (Read 151 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Jun 6, 2019

Question 1

Find the present value and the compound discount of $7500 due in five years and six months if interest is 4.8% compounded quarterly.

Question 2

Find the proceeds of a non-interest-bearing promissory note for $175 500 discounted 54 months before maturity at 9.75% compounded semi-annually.
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 crobinson2013 on Jun 6, 2019

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
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 49% of students answer this correctly


crobinson2013

  • Member
  • Posts: 535
Reply 2 on: Jun 6, 2019
Thanks for the timely response, appreciate it

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

An alpine marmot at the end of summer. Note the fattened belly. An alpine marmot at the end of summer. Note the fattened belly.
An intermediate shaft drives the oil pump on this overhead camshaft engine. Note the main gallery ... An intermediate shaft drives the oil pump on this overhead camshaft engine. Note the main gallery ...
Inflammation associated with a new tattoo. Note the redness and swelling. Inflammation associated with a new tattoo. Note the redness and swelling.
How to find the X and Y components of any vector How to find the X and Y components of any vector
How to find the equation of a line that is parallel to a line passing through a point How to find the equation of a line that is parallel to a line passing through a point
Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ... Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ...
Video: Skin Cancer

For a complete list of videos, visit our video library