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

Author Question: Determine the compound discount on $18 875 due in 7.75 years if interest is 9.72% compounded monthly. (Read 810 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 6, 2019

Question 1

A $17 200 debt will accumulate for six years at 11.6% compounded semi-annually. For how much will the debt sell four years after it was incurred if the buyer of the debt charges 9% compounded quarterly?

Question 2

Determine the compound discount on $18 875 due in 7.75 years if interest is 9.72% compounded monthly.
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 sc00by25 on Jun 6, 2019

qytan

  • Sr. Member
  • ****
  • Posts: 336
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 45% of students answer this correctly


sc00by25

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Jun 6, 2019
Excellent


qytan

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jun 6, 2019
Great! Please up vote :D


priya Choudhary

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Oct 31, 2020
Thank you


Rajkanwer Singh

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Jul 27, 2021
thank  you


« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Using Parallax to Determine Distance Using Parallax to Determine Distance
Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years
School age (late childhood): 6–12 years, or to puberty. School age (late childhood): 6–12 years, or to puberty.
Given the values of sin θ, determine the values of θ over the interval [0, 2pi] Given the values of sin θ, determine the values of θ over the interval [0, 2pi]
How to calculate the DRT to determine which is more effective against the pathogen How to calculate the DRT to determine which is more effective against the pathogen
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Video: Introduction to Heart Attacks

For a complete list of videos, visit our video library