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

Author Question: A $50 000.00, 5-year note bearing interest at 3.25% compounded quarterly, discounted three and a ... (Read 128 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
on: Jun 6, 2019

Question 1

A $95 600.00, non-interest-bearing note due August 1, 2017, discounted on March 1, 2015, at 1.49% compounded monthly. Find the proceeds.
◦ $92 243.34
◦ $99 225.96
◦ $92 220.90
◦ $92 335.41
◦ $92 106.54

Question 2

A $50 000.00, 5-year note bearing interest at 3.25% compounded quarterly, discounted three and a half years after the date of issue at 2.5% compounded monthly. Find the proceeds.
◦ $48 161.60
◦ $56 622.44
◦ $42 528.72
◦ $58 783.81
◦ $40 965.02
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 javeds on Jun 6, 2019

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
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


javeds

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 6, 2019
Thanks


Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Jun 6, 2019
Welcome :)


« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Note-taking Note-taking
Summary of SOAP Note Content Summary of SOAP Note Content
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ... Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ...
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Primary and secondary response to infection

For a complete list of videos, visit our video library