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

Author Question: A $2850, five-month promissory note with interest at 6.15% is issued on June 1. Compute the proceeds ... (Read 736 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
on: Jun 6, 2019

Question 1

Find the proceeds of a six-month note for $966 dated September 16, 2012, with interest at 5.45% if money is worth 5.75% on November 4, 2012.

Question 2

A $2850, five-month promissory note with interest at 6.15% is issued on June 1. Compute the proceeds of the note on August 13, when money is worth 7.5%.
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 lindiwe on Jun 6, 2019

srodz

  • Sr. Member
  • ****
  • Posts: 333
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 25% of students answer this correctly


Vikas Verma

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Mar 10, 2020
thank you


Ritik Joshi

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Jul 30, 2022
Thankyou


« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Kreutz Sungrazers (SOHO-54 & 55) with prominent tails, as seen by SOHO on June 1 and 2, 1998. Kreutz Sungrazers (SOHO-54 & 55) with prominent tails, as seen by SOHO on June 1 and 2, 1998.
A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ... A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ...
What principal will earn $77.14 interest at 6.65% p. What principal will earn $77.14 interest at 6.65% p.
The treasurer of a union proposes changing the method of compounding interest on premium ... The treasurer of a union proposes changing the method of compounding interest on premium ...
June 20 2023 June 20 2023
Video: Enzyme-Catalyzed Reactions

For a complete list of videos, visit our video library