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

Author Question: A holder of a $34,800, 9%, 120-day note dated June 3 decides to sell the note at a discount based on ... (Read 215 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
on: Feb 26, 2020
A holder of a $34,800, 9%, 120-day note dated June 3 decides to sell the note at a discount based on ordinary interest. The note is sold on July 15 at a discount of 12% using the banker's rule. Find the proceeds.
◦ $34,556.16
◦ $34,900.11
◦ $35,145.04
◦ $34,912.06
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stephzh on Feb 26, 2020

Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
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.
Answer Preview
Only 25% of students answer this correctly


stephzh

  • Member
  • Posts: 556
Reply 2 on: Feb 26, 2020
Great answer, keep it coming :)

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Female choice based on male appearance. Female choice based on male appearance.
Cross-section of skin and a hair follicle. Note the shaft of the hair, the root, and papilla Cross-section of skin and a hair follicle. Note the shaft of the hair, the root, and papilla
Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the
Teaching methods based on patients developmental capacity Teaching methods based on patients developmental capacity
Relationships and dates divergence of living primate group based on molecular and DNA comparisons. Relationships and dates divergence of living primate group based on molecular and DNA comparisons.
Students rated their grandparents on a scale from 1 to 4 based on emotional closeness, time spent ... Students rated their grandparents on a scale from 1 to 4 based on emotional closeness, time spent ...
Video: The Lac Operon in E. Coli

For a complete list of videos, visit our video library