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Author Question: Find the present value on June 1, 2014 of a non-interest-bearing note for $950 issued February 2, ... (Read 167 times)

itsmyluck

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Question 1

Determine the present value on January 17, 2014 of a non-interest-bearing promissory six-month note for $17 000.00 dated October 15, 2013 if money is worth 4.15%.

Question 2

Find the present value on June 1, 2014 of a non-interest-bearing note for $950 issued February 2, 2014, for 210 days if money is worth 8.31%.


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Marked as best answer by itsmyluck on Jun 6, 2019

Yixagurpuldink

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itsmyluck

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Reply 2 on: Jun 6, 2019
YES! Correct, THANKS for helping me on my review


samiel-sayed

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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