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Author Question: On June 8, Donaldson's Trucking accepts a $3100 note in settlement of a bill. The note is for 210 ... (Read 224 times)

rl

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on: Feb 26, 2020
On June 8, Donaldson's Trucking accepts a $3100 note in settlement of a bill. The note is for 210 days at 9% interest based on ordinary interest. Donaldson sells the note at a 12% discount rate on July 16. using the banker's rule Find the proceeds.
◦ $3047.92
◦ $3122.45
◦ $3074.60
◦ $3075.69
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
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Marked as best answer by rl on Feb 26, 2020

kishoreddi

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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.
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rl

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Reply 2 on: Feb 26, 2020
Thanks for the timely response, appreciate it

peter

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Reply 3 on: Yesterday
:D TYSM

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